I have the same view as that the article cheers for.
1. gold price should be much better than US$561 per ounce but even at this price, it would produce quite good cash for IAU.
18713 x 140 = US$2.2million = A$3.83millions at $US561 and 0.65 $US/Auz$
18713 x 300 = $5.6million = A$8.63million at US$860 and 0.65
How about Tujuh Bukit? It is great but need the money to explore.
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I have the same view as that the article cheers for. 1. gold...
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11 | 149680 | 0.305 |
19 | 194860 | 0.300 |
3 | 24299 | 0.295 |
3 | 37000 | 0.290 |
Price($) | Vol. | No. |
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0.325 | 100000 | 1 |
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