Not sure on your assumption with regards to the POG, but at a AIC of $1030 we are already set to make great money. for every $100 the price of gold increases SAU profit margin on un hedged gold will substantially increase.
SAU is laying the foundation for further exploration, acquisitions, Financial independence & not to forget "shareholder return" as flagged by SM on numerous occasions already.
Even if the FED were to move in June, which i doubt. The fall in the aussie $ will cushion the Aus gold price. Rest easy peoples, we are at the infancy stage and we have a clear immediate timeline for growth & it is fully funded.
For the most part our register is full of long term investors who understand the story and get that we are set for massive growth over the coming years.
Watch this space SAU will outperform on virtually all fronts.
Thoughts ?
Nobody cares, page-7
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