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Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-72

  1. 701 Posts.
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    Ggp was 15p less than 6 months ago. There are a lot of factors that could cause their sp to return back to these levels. The sp spike in March was mostly attributed to the price of gold being around $2800aud at the time. As more countries move towards a gold backed currency one could safely predict that this will have a positive effect on the price of gold. No one really knows for sure but many predict that the effect of inflation will also see the price of gold returning to these levels before the end of the year. I feel like Azy investors haven't fully grasped the upside potential here. I don't think it would take much for the sp to return back to ATH. A successful new drill campaign or the gold price heading back to 2800 would do it.
 
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