Some food for thought regarding falling POG and NST. Let's say POG falls to say $1200/ounce. How many ASX gold miners would be losing money or be put on care and maintenance? Would this help the operating costs for the remaining miners that are profitable at $1200 due to less demand for mining services and supplies? How many really would still be profitable? There must be some point of POG that would create a significant fall in world gold production or ,especially in Australia, a major fall in cost of production?
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Last
$18.39 |
Change
-0.170(0.92%) |
Mkt cap ! $26.27B | |||
| Open | High | Low | Value | Volume |
| $18.50 | $18.60 | $18.22 | $61.40M | 3.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 281 | $18.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.40 | 2500 | 1 |
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| Last trade - 16.15pm 04/07/2025 (20 minute delay) ? |
| NST (ASX) Chart |