Might be a case of all goldies being hit due to the fall in the USD gold price overnight - this is likely to cause VanEck and other gold ETF's to sell a small portion of their holdings across all ASX goldies today/tomorrow. Reserves & Resources statement as expected, the only small nasty for me because it was unknown to me is the fact that DPIM get a special 5% royalty(that is calculated as 5% of the amount paid for the Govt royalty)- I was aware of the additional 21% paid to rehab and community funds that's calculated on the same basis - so that's about A$200k/month currently going to DPIM for this special royalty.
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