Seems there are so many negative factors that are on the horizon affecting POG , in the short term , the Middle East Gazza war looks now contained , Fed has to keep inflation going to keep the economy pumped ,and be able to pay interest on 35 trillion of debt, bitcoin now being bought by instos as a hedge , and gold in backwardation with out identified reasons .
What I always find strange is when POG goes down , the high margin producers (lowest quartile on cost) and high tenor explorers tend to get hit just as hard as the low margin producers yet the high margin producers are leveraged far less in profit to POG .
Because of the last observation , (probably ignorance on my part) I am not going to lose any sleep with the likes of SPR, or RMS if the spot on POG goes down .
Ann: Updated Exploration target for the Never Never Gold Deposit, page-77
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Last
$1.97 |
Change
-0.025(1.25%) |
Mkt cap ! $2.524B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.05 | $1.95 | $66.88M | 33.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77974 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 85766 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SPR (ASX) Chart |