AUC 7.69% 3.6¢ ausgold limited

Ann: DFS on 3.04Moz KGP on track for delivery next quarter, page-258

  1. 3,670 Posts.
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    Coto, love your work mate. And you are bang on. The price of gold is running and will continue to do so as supposed gold experts can't explain why. They'll eventually cstch on as they realise shanghai gold exchange is the price maker.

    3 million ozs just down the road from Perth (not bum f*ck Tanami) will attract a work force and they will get the project moving in due course. What we're seeing atm is best explained by sentiment, that's all. When retail finally catch on they will be paying up, such is the herd mentality.

    https://hotcopper.com.au/data/attachments/6086/6086318-69b1c8ed588fe14be506dc25f5cadb89.jpg

    Last edited by BaltasarG: 08/04/24
 
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