Not sure about that Happy Cats, but I think that shorters/sellers are thinking the same.
Chinese NY & all the risk around oil I can't see gold getting gazumped right now.
Could be wrong, but I think 3rd time lucky & she breaks $1250.
NCM at current margins I think should be priced around $20.
As SG says the revenue difference is insane.
Lower costs substantially lower energy costs
And much higher Aussie gold.
I think $20 ish is quite possible.
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