Where is gold heading, no one knows?
Australian Dollar 02/25-14:30 1.3845 +0.83% 0.7223 2617.44 -40.13 -1.51
Net cash impact of Apollo Consolidated acquisition (A$67.0M)
They will need to spend 200 - 300 million to get this baby going.
The half-year results were favourably impacted by the sale of the Kathleen Valley Lithium Royalty in August for a pre-tax gain of A$30.3M
Multi commodity gone
I am out, this quarter was a shocker, next could be badly hit by Omricon, the management must be thick sticking to one commodity, they need a leaf out of IGO,s book, multi commodities are a must to reduce risk./exposure,
Sorry but I will say it again "More money has been lost in gold mining than the railways "
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