AUD @ 94c US means producers are getting ~$100AUD less than only weeks ago when it was at 89 US and POG was around the same as current levels. That's main reason our goldies haven't rallied imo.
Think the predator angle is wishful thinking. SP isn't being capped, it's just being kept afloat by hopeful buyers looking for that scenario...just my view anyway.
Mgt have shown their business acumen in the fiasco of the last 12 months and must now demonstrate the changes they've made will bear fruit otherwise the sp will continue to flounder.
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