We will be highly leveraged to any move in gold.
A $100 increase in the POG will add a $100 to our margin ($427 to $527) an increase of 20-25%.
In Gold gets to $2,000 prior to production then all our margin goes up 1.81x ($427 to $777).
So for anyone who thinks gold is going higher within the next 6months it isnt all that bad.
burnakura feaso out, page-4
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.57M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.0¢ | 9.5¢ | $16.87K | 172.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 202892 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 107074 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| KGL (ASX) Chart |