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.
Here is the new reality from an Aussi miner in their Quarterly...
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Last
$1.33 |
Change
-0.020(1.49%) |
Mkt cap ! $1.474B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.32 | $7.714M | 5.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9765 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 15024 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |