I don't think regional banks in America will cause a cataclysmic funding environment for a gold miner in SA.
Unless there is a huge banking run. All I've seen with these so far is shareholders get wiped out and absorbed by a bigger better capitalised bank. If you can believe management they are down to 2 and finalising anyway which has been at least a 4-6 month process.
Looking forward to getting some news this week via the quarterly even if that is a month out of date!
Spot gold price should do well with these financial ructions though.
Was thinking actually the 30000 ton stockpile itself is basically an inventory build anyway so it actually will have a financial value once it's full.
I have it around $7-8m USD worth of gold hope those fences are well secured
I don't think regional banks in America will cause a...
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