"So let hope the AUD POG heads off towards 2800-3000/ounce early next year."If that happens loki, would you still be bothering with RRL? It is the producers with the highest AISC that show the greatest gain when the POG takes off. No doubt RRL will benefit along with all producers, but there are some other producers whose AISC look even worse. WMC, MML, SBM, NML (now it has Mt Carlton), RED (even with KOTH), AGG, DCN, SLR even.
The above range from $1794/oz to $1600/oz and so with $1328/oz, RRL looks positively benign.
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Price($) | Vol. | No. |
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