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3.85% 5.4¢ challenger gold limited

Ann: 2.1M Ounce AuEq Maiden Resource at Hualilan Gold Project, page-40

  1. Ty Cat Mac
    2,087 Posts.
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    14/07/22
    08:24
    Post #: 62526397
    Food for thought:

    • POG was hovering around $US2000/oz when $A was $A0.75 = $A2667
    • Now $US1735 at $A0.67 = $A2590

    Difference $A77/oz

    Not huge & whilst inflation hasn't moved gold up (probably the contrary at the moment) with inflation now taking hold in the US (+9% last night) we may well see a re-rating of the golf price
    CEL Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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