GORs plan had the 2016 price estimate gold price as $AUD1500
In 2018 it was upgraded to $AUD1600
Current USD$1288.7 is $AUD 1,803.54 per ounce
With gold pours looking good for march-June 2019 and Futures price for June 2019 (Link) having AUD$1823.41 ( $USD 1302.90) giving even a little more brighter possibilities to the current days price.
With some such as ANZ, predicting the AUD is still expensive this could still be wide of the actual AUD price
Noted "All in sustaining costs have risen to $1,025/oz (from A$945/ozin the 2016 FS) due to wage inflationand higher sustaining capital."
Just mussing during a review of my holdings not forecasting or ramping.
GOR Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
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