A bit of both I imagine. NCM has been held back because of the POG in AUD. But now it is the 4th biggest Gold produce globally things might change.
NCM was $30 when POG was about $800 in USD a couple of years ago, so NCM not running on the USD gold price. Tick by tick lately it might seem so, but longer term definitely not.
Add to My Watchlist
What is My Watchlist?