The AUD gold price range based on the last few quarters is really telling.
So far this quarter (April 18>) the price has been well above the range of the Jan-Mar 18 period, which was higher again than the Oct-Dec 17 period (even more so if you turn this into a 12 month chart).
Revenue and cash flow should increase if we presume production remains relatively constant. We know AISC is meant to increase due to ramping up, but the effects may be offset by higher AUD gold price.
MOY Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
