From memory it historically has a high cost, this is one of the reasons it moves dramatically with the POG ie
Cost 300 200
POG 310 310
Profit 10 90
gold price moves to 320
Cost 300 200
POG 320 320
Profit 20 120
Profit increase 100% 33%
figures for example only
LHG
unknown
What do you think, page-16
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