should be interesting looking forward
Ukraine and all the dooms stories aside.....last QTR production dropped when the price was high, opps missed an opportunity there
last QTR 1450aud
Assuming this QTR costs don't rise 6.5PC like they did last QTR despite all the layoffs
Gold price is now down $80! AUD from the ave of last QTR and ncm is still fighting over $10 when the other goldies have gone south to reflect the change
ncm was up 28c last week I think with headline gold down 1.2PC
and this morning with gold at 1370 aud, gross margin on gold production is currently down 18.3PC from last QTR
and its worth mid tens as the technical speed traders move around the 200dma?????
yep,,sounds insane to me,
trade safe
should be interesting looking forwardUkraine and all the dooms...
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