TAM 3.33% 3.1¢ tanami gold nl

Gold keeps marching North USD to AUD its $2590 with cheaper...

  1. 7,515 Posts.
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    Gold keeps marching North USD to AUD its $2590 with cheaper input costs ie diesel makes the CTP more and more likely though NST have spread themselves out elsewhere they will want to make hay while the sun shines - some easy ounces not to deep at Tanami - I have theorised for a long time that the main issue is do they refurb the existing plant or build new and if they hit something bigger in nearby dirt then they would want the plant to have the capacity and be best situated. NST hold the cards - TAM holders have to wait and will know when we see that sp leap over 10c very quickly but how long is a piece of string?. NST I guess are in the gold business so they more they dig up the more they earn..
    Last edited by Pbnewby: 15/07/20
 
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