No baby shark aft action to get us back to 15c, BUT NVA held up well considering POG is down quite a lot after FOMC.
POG should start to rise slowly again until the FED Jackson Hole Meeting ( (Aug. 26-28, 2021). Hopefully the data from the US wont show a combo of strong economic recovery and non transitory inflation by then (FED has a dual mandate of managing inflation and full employment). In that case the FED will bring the taper in earlier. Now scheduled for end of 2023, but trending towards earlier.
Taper in 2022 would be very damaging to gold and NVA, so hopefully we can get a nice run up to the Jackson Hole meeting.
Ann: Drill Rig Mobilised at RPM and Korbel Update, page-35
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15.5¢ |
Change
0.010(6.90%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $35.68K | 229.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49999 | 15.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 14533 | 2 |
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| Last trade - 12.21pm 05/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |