VAU 5.41% 39.0¢ vault minerals limited

friday night gold rally?, page-3

  1. 3,827 Posts.
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    Someone correct me if I am wrong, but the broker valuations of RED are on assumptions of A$1300-$1400 gold over next years production. If A$1700-1800 is sustained, this would significantly increase profits and very likely reserve/resource. This higher gold price has not yet been factored in. Same story across other gold equities.
 
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