Ann: Change of Director's Interest Notice, page-16

No that's completely false, because the gold price will go ballistic in that case due to fear and a mass move to safety assets... All things gold, including non-producers will go nuts. Any company with exposure to precious metals will be in the minority who will have access to funds from institutions. In the tiny chance they don't, the gold producers making a killing will provide funding or engaging in deals and mergers to take development to the next level.
What happened when the Li price exploded and producers profited big time? The explorers also went on huge re-rates. It flows down the system. A very safe area of the market to be right now imo. Hence why I have so much invested in all gold stocks, both big and small.