Could someone please explain the process that is gone through when NST sell their gold. Is it sold to the Perth Mint. Is it sold to only the one source? Do they negotiate a price or is it at the GP at the precise time the gold changes hands? Can they sell as much as they like at any given time? In reverse will the buyer take as much as is offered at any given time? It must be quite a test for the company to decide when to sell or whether to keep in reserve for better prices. Who in the company makes that decision? .The process has interested me for a long time and seeing the wisdom that is on this site thought that this was the obvious place to ask the question.
Could someone please explain the process that is gone through...
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$13.84 |
Change
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Mkt cap ! $15.90B | |||
| Open | High | Low | Value | Volume |
| $13.81 | $14.08 | $13.70 | $94.67M | 6.832M |
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| No. | Vol. | Price($) |
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| 2 | 27402 | $13.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.85 | 1067 | 1 |
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