GOLD 0.51% $1,391.7 gold futures

Oz gold producers now getting AUD 1445/oz with POG USD...

  1. 5,618 Posts.
    Oz gold producers now getting AUD 1445/oz with POG USD 1292.

    Seems like not bad pickings except for the recent adoption of All In Costs way of accounting which blows out production costs to ~AUD1340 in the case of SLR. Still for a producer of perhaps over 250K oz for FY2014, it's not to be sneezed at...250,000 x 105 = $$$26.25M on the bottom line or about 5.6c/share.

    See SLR November presentation where first 4 months production for FY2014 was 94,000 oz!
 
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