final point in this line :
SLR (or any other producer) doesn't send gold to Perth Mint on a daily basis - once a week/fortnight ???
Surely there is a mechanism in place to create an "average spot rice" being achieved or all companies would take "pt luck" selling on a given day.
POG from a chart technical point we use USD - fine
For a "survival" analysis for Oz based companies I use all in sustaining costs and AUD
And there still are a few producers who will be quite viable at current AUD POG
SLR has their work cut out and Les will have to show if he can cut it or not..........Dec reporting will give strong indications
from a traders perspective - still money to be made from trading this
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