High XAUAUD was $3795 - so it's $200 above record high AUD gold...

High XAUAUD was $3795 - so it's $200 above record high AUD gold price



You may need to take a bit of time to look at the reasonable prospect of eventual economic extraction test.

SRK discusses on its website the tea-leaf reading required by a competent person to determine the metrics of 'eventual': "In defining eventual, the CP might ask: what will the resource price be 30 years from now? Will there be sufficient electrical power to grow the minerals industry? How will power be generated? The CP has to wrestle with such questions, even at this early stage. https://www.srk.com/en/publications/reasonable-prospects-for-eventual-economic-extraction-rpeee

With the bullish prospects for gold the competent person presumably thought it's a perfectly good price point for when the gold may be pulled from the ground - if you think differently why don't you write an indignant letter to the competent person Paul Blackney from Snowden Optiro https://snowdenoptiro.com/