Haha ok then .... sounds like you are the same boat as me and the market - have given thought to it but no real idea or confidence on which way things will head.
For what it’s worth I think likely scenario is gold goes above usd 2200 within 12 months and holds at or above that level for at least the next 2-3yrs but that will be tempered a little by stronger Aussie dollar. I think worst case is a 1700 usd gold price and even if that happens we will still be making decent money with boda upside so I’m pretty comfortable holding.
Ann: Quarterly Activities Report, page-34
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