Real interest rate has a negative correlation with gold price historically, their correlation can be explained by linear equation: y = -281.91x + 2256.7, R-squared = 0.8484.
As of 24/5/2023, the estimated gold price is 1839.47 USD. Looks like gold price will still struggle a bit here and there. The drilling result for hole 5 will only help to keep the share price afloat. IMHO and DYOR.
Ann: 52m @ 3.65g/t Au in Kusi drill hole 4, page-46
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $10.50M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $6.513K | 576.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 7954696 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2813581 | 12 |
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| Last trade - 15.35pm 04/06/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.1¢ | 403333 | ||
| Last updated 15.52pm 04/06/2024 ? | |||||
| LCL (ASX) Chart |