SPR spartan resources limited

Gold and macro environment, page-537

  1. 6,782 Posts.
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    In 1 month the POG has increased from $A3,800 to $A4,230 up 11.3% - wow - for a producer of gold that adds $43m in profit before tax for every 100k Oz pa - or about $130m for a 300k Oz pa producer ( before tax).

    If that POG was maintained that equals a MC increase of about $300m and $900m using a PE of 10 or $450m and $1,350m using a PE of 15 for a producer of 100k Oz and 300k Oz pa.
 
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