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clock Created with Sketch. 27/09/16
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Originally posted by Endyne
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GXY's next contract price will light the match that ignites the entire Oz spod sector if it's over US$600. As you say it's increasingly difficult to see how that won't be the case. The Baillieu report makes it clear just how important contract price is - it makes a huge difference to the bottom line. US$800 would be a 50% increase in 2017 profit. US$1000 would more than double it!
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Good finish today, hopefully sets a new trend and they decide to keep us around in the ASX 200 after-all.
