Big buying at the 36.60 - $36.80 level - now back over $37....
Costs still within guidance with annual production guided down 4% - its not as if these ounces are lost - aud gold price some +$70 above last quarter realised price with higher gold prices forecast for later this year - I still believe we will see USD gold at $2k by early 2012.
XJO looks like it wants to bounce from a heavily oversold position, NCM and other oversold goldies should be dragged along with it.
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Dani Nadri, Country Manager Australia
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