Link to the article. L1 states gold stocks are selling at a 0.7*NAV at a POG $US2,300 and at 0.5*NAV POG $US2,900 so if Macquarie's POG of $US3,500 is reached (their target for Q3 2025) then at current stock prices they are at probably around 0.3*NAV - ie if gold stocks were priced at 1*NAV at a POG of $US3,500 then gold stock prices would triple! That is massive upside and shows how undervalued gold stocks are - plus in a true bull market for gold and gold stocks gold stocks usually end up selling over 1*NAV.
https://www.livewiremarkets.com/wires/l1-capital-launching-new-gold-fund-to-capitalise-on-huge-anomaly?utm_source=www.moneyofmine.com&utm_medium=newsletter&utm_campaign=alphamin-suspension-sends-tin-flying&_bhlid=c40746ea216e6241b21e7f6fd46208cb93655262
Link to the article. L1 states gold stocks are selling at a...
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Last
$2.13 |
Change
0.010(0.47%) |
Mkt cap ! $2.742B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.16 | $2.13 | $1.661M | 777.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 50603 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 67200 | 15 |
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| Last trade - 10.52am 17/06/2025 (20 minute delay) ? |
| SPR (ASX) Chart |