AZY 8.33% 1.1¢ antipa minerals limited

The gold price is a big factor, because Antipa is already at the...

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    The gold price is a big factor, because Antipa is already at the early stages of production development. Any feasibility studies must show a price of an ounce of gold.

    Aussie gold miners like Northern Star have been hedging some their gold for +$3,000 oz since last year.

    The current price is $3,350 oz. Even if the price drastically falls, it'll still remain at around $3,000 oz. So, AZY will inevitably benefit from this.


 
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