Well the bottom has well and truly fallen out of this one, quite remarkable when you consider gold has actually GONE UP this year in both 1.AUD and 2.USD and EVEN if it didn't we STILL have a gold hedge at more than the current gold price for over half our production.
RE: double.. would have to do better than double just to get back to our price back in January this year!
Its a 360 degree WTF right here.. but to be fair most goldies have been WTF this year, only that SLR appears to have less reason for the slippery dip!
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Dani Nadri, Country Manager Australia
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