NGF norton gold fields limited

Have just been thinking again about the subject of the increase...

  1. 1,086 Posts.
    Have just been thinking again about the subject of the increase for this year of production costs to A$625 & the fact that some posters weren't happy about it, which was no doubt also reflected by the sp drop. However, with the current price of gold at A$1025 still giving NGF $400 an ounce (& with a good prospect of this rising) I would think that if gold were still at $625 & costs were $225 everyone would regard that as an excellent result even though return would still be only $400 an ounce. It's funny how percentages change perspectives. lol!
 
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