BCN beacon minerals limited

Ann: Iguana Pre-Feasibility and Ore Reserve, page-14

  1. 309 Posts.
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    At what stage has the gold price dropped by US$100?

    And lock the gold price in? Are you just hoping you're like the broken clock analogy of it being right twice a day? Are you hoping that if you just keep saying to lock the price in at every $100 incremental rise that you'll eventually be right when it drops a couple hundred $? If so, no one will care because we'd have made many millions more than we would have if we locked it in as you've said constantly the last couple years, even with a big drop at whatever stage that may be.

    https://hotcopper.com.au/data/attachments/6838/6838203-9e08535e265d5739721d8ecbd3a7db52.jpg
 
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