In my earlier post, I said the gold price in AUD term was in favour of gold producers. The drop of oil price may even have positive effect on their cost side.
I am thinking of increasing my holdings. However, they did not provide us time frame of their production. They did not mention if they were going to raise capital before they could reach positive cash flow. Anyone wants to jump in has to do lots of guesswork. I bet the SP will be much higher if they can sharp up their communication skills.
another good ann., page-11
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