Consider though, This time next year we (BGS)should be a matter...

Consider though,

This time next year we (BGS)should be a matter of a few months or even weeks away from our first production through Morila. There are some predictions that at this time the POG may be settled around the $2000 an ounce mark. So largely the POG until early 2015 should not be of too much concern to us - however I reckon if the POG should go to say averaging $1500 an ounce this year, then that would be good for our SP.

The 'official' spot price of gold is only an indication of its value. IMO the true POG is reflected in the premiums being paid over the 'official' POG and that the demand for gold is probably outstripping supply now and will into the medium future. All IMO. Who really knows how much the central banks in Russia , China and maybe Turkey, are paying for their gold?