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"Gold price $2300aud to $2500aud" I think your gold price is a...

  1. plough
    33,606 Posts.
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    25/09/23
    14:10
    Post #: 70012298
    "Gold price $2300aud to $2500aud"

    I think your gold price is a bit low you could probably hedge for around A$2900
    If so that would make your $500 margin becomes twice as high at $1000 an oz so your " generous 1.2 market cap" would be $2.4B
    Last edited by plough: 25/09/23
    RMS Price at posting: $1.46 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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