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No, the value uplift is greater at a higher gold price. Value is...

  1. rjtmpgar
    430 Posts.
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    25/06/20
    17:24
    Post #: 45453547
    No, the value uplift is greater at a higher gold price. Value is relative to production cost.

    For example if the AISC is $1000 and gold is $1500 then the coy makes $500/Oz. At $2500 they make $1500/Oz, so 3 times as much. This should reflecte in the SP.
    CAI Price at posting: 51.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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