It's still going up. Credit Suisse came out yesterday with a US$1500 gold price target by early next year. If the AUD remains the same or falls with a couple of rate cuts we are laughing. Bring on $2000+ Aussie gold
I think simple maths is that CRB will be making in excess of $50m pa probably even more with the increase in gold price. Pay back is around 1 year for the project so there will be a few good years of money to come. Wonder if these guys realize the higher the share price the less dilution when the capex raise comes!
I'm watching Pats new play with great interest now. PGO with a healthy increase in price and good volumes to boot!
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Buyers (Bids)
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No. | Vol. | Price($) |
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5 | 16605001 | 0.003 |
1 | 700000 | 0.002 |
1 | 800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 913228 | 2 |
0.006 | 729797 | 2 |
0.009 | 94506 | 1 |
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