NGF norton gold fields limited

most to gain from gold price

  1. 1,971 Posts.
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    As a higher cost producer it has the most to gain from the higher gold price as the % increase in profits will be greater than for the lower cost producers. Also, it will increase the mineable resources if the price is sustained.
    All looking good for re-rating early next year - unless Lehmans give us an early Xmas present.
 
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