So long as costs can remain relatively subdued then we are in for a good run. With interest rates in the US and other parts of the world looking at easing, plus the geopolitical sensitivities and central banks buying gold, we will see an increase in the gold price from here (in USD terms). The AUD strength relative to USD that is expected until our own interest rates look like easing, will moderate some of the expected increase in profits going forward.
GLTA shareholders.
Ann: Record FY24 production of 293koz, page-73
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