We will be highly leveraged to any move in gold.
A $100 increase in the POG will add a $100 to our margin ($427 to $527) an increase of 20-25%.
In Gold gets to $2,000 prior to production then all our margin goes up 1.81x ($427 to $777).
So for anyone who thinks gold is going higher within the next 6months it isnt all that bad.
We will be highly leveraged to any move in gold.A $100 increase...
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Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $63.51M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $23.24K | 238.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 407856 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 87703 | 1 |
View Market Depth
| Last trade - 12.35pm 14/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |