NGF norton gold fields limited

pog

  1. 232 Posts.
    Does anyone have any view on how dangerous the POG is for NGF.

    By this I mean the POG is heading south in US dollars

    But if it did drop back to $US600 I would expect that the AD would also drop back to at least .80

    So then POG would be at worst $AD750 - still making 30mil profit a year for NGF and justifying a share price of over .40???

    thanks

    Tomu
 
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