With the announcement today, PGI stands to secure it's SP because:
JP Morgan has stated the following today:
1. The Gold price decrease could prompt producers to change mine plans
2. Hedging may become attractive to some producers
First statement could have be impact on mines with high production costs
PGI being low cost producer at $350/ounce is already selling into a hedge @ $1320/ounce for 126K ounces
Ann: No Impact from Falling Gold Price , page-3
Add AAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $7.422M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.408K | 351.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 56677583 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12949792 | 9 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AAU (ASX) Chart |