We've been having SP movement which has been curtailed by softness in the GP .
In a nutshell:
Like all goldies GP is the first thing to consider influencing SP .
Seems to be holding around A$1700 .
EM reserve increase when it's announced is possibly the big thing on the near horizon .
A significant increase likely to boost SP .
This quarter is the sweet spot in the year for RMS for various reasons and production , costs and cash all likely to improve .
All sorts of other possibilities ...like exploration success !
More reason to expect an increasing SP than not at present !
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1 | 3609 | 1.895 |
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Price($) | Vol. | No. |
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