EMR 3.52% $3.53 emerald resources nl

Okvau forecast +100,000oz gold production for 2023 at AISC <...

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    Okvau forecast +100,000oz gold production for 2023 at AISC < US$810/ozFor every US$10 increase in the price of 1 oz of gold – that equates to an extra US$1M of profit from Okvau for 2023. Conversely, a US$10 decrease is US$1M less.AISC is also quoted in US$ - so could be lower than US$810 if costs are in AUD, factoring in the strengthening USD vs AUD.Small potatoes though, imo. New/increased gold deposits are what will drive the share price long term.
 
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