Here is the new reality from an Aussi miner in their Quarterly today - "Achieved gold price $/oz 3,164 3,195 3,322 3,182 3,134 3,168 3,171" This is from across their network of mines. I've never seen numbers like that.
And they included this interesting phrase in their statement - "Revenue is significantly leveraged to spot metal prices (gold spot price of $3,715/oz) with over 95% of gold sales unhedged". They seem rather confident of a healthy market.
POG, page-64
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Last
$1.18 |
Change
0.060(5.36%) |
Mkt cap ! $1.306B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.20 | $1.14 | $5.063M | 4.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18296 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 10000 | 1 |
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