Hi all,
The POG this morning is $1382 AUD, only $8/oz down from
its AUD early July price.
Perhaps those in the know are accumulating KRM at these
low prices.
The US bombing of ISIL should stir up things in the Middle
East and is likely to have some reactions in the Arab countries
who are partnering/backing the US.
While theoretically this should be good or oil & gold, oil , however,
seems to have dropped a few dollars over the week.
As KRM hits its straps, IMO, we should see the SP advance
towards its forward fundamental value and we should get a
production update early-mid Oct to confirm the completion
of ramp-up.
moorookamick
KRM Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
