My main concern about overseas gold projects is that if the POG really does take off, as seems likely, and particularly if a gold-backed currency becomes a reality, governments around the world are going to grab all the gold that they can get, and any foreign-owned mines are likely to be nationalised, probably without compensation. We are already seeing signs of what is coming.
Concentrating on building up a gold company in Australia looks like a much safer option.
Ann: FY23 Financial Report and Appendix 4E, page-49
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $270.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.8¢ | 32.5¢ | $847.7K | 2.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99998 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 83653 | 10 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SBM (ASX) Chart |