Ann: Paulsens Refurbishment Progress - April 2024, page-23

Gold appears more frequently now in the mainstream financial media.

AFR: Gold is a hedge against monetary and geopolitical dystopia (https://www.copyright link/markets/commodities/gold-is-a-hedge-against-monetary-and-geopolitical-dystopia-20240417-p5fkei

Interesting that the gold stocks is going backwards whilst gold is surging. No one knows at what price this will turn around or if it will turn around at all. So my thoughts though is that if one is investing for SP appreciation (so that onecan sell high), then who knows how long one has to wait. It could be never (remember those who says if gold hit $2.2k, $2.3k, $2.4k then surely gold stocks will re-rate? We are just a few dollars of $2.4k and yet the miner are still at multi-year low).

However, if one is also open to enjoy dividends from the huge profits that gold companies will generate, then I think one should care less about the SP and care more about the direction of gold, and their AISC.

BC8 has high grades, in the low category AISC and about to be fully funded with great projects at about 2MOZ. I can wait - SP can be at 22 - 26c for all I know.

Have a good day.