NVA 4.17% 25.0¢ nova minerals limited

For a producer, the gold price will have a major impact on...

  1. 5,687 Posts.
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    For a producer, the gold price will have a major impact on profit and SP.

    For a potential producer, 3-6 years out, the gold price would be secondary compared to various other factors - raisings, interest rates / discount rates / funding, exploration results, grants etc.

    It's down on $1000 volume at end of day, by the way.

    https://hotcopper.com.au/data/attachments/6020/6020877-4eb3e5cf7cc2006e5d845494f14b9132.jpg



    And
    GDX is down too, for whatever reason.

    https://hotcopper.com.au/data/attachments/6020/6020875-8c1988bb10c7d96229d280c21d83ae4d.jpg



 
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