At some point, the market has to wake up to expanding margins on these projects.
IRR and NPV would be growing by the day. @binwood what do you have at 3750 Gold ?
I am holding a bunch of these things AUC MM8 AAR VGZ.v - Hard to be bearish AUD Gold.
Only problem for us all hasn't translated to a decent win.
Two ratios i have been watching are the JNUG Bullish Gold miners levered ETF
Huge base since 2022. Peaked in 2020 at 188 now 44.
If (and big IF) Gold miners break out against Gold, have a long way up
I feel somewhere in here atm - Despite record Gold prices.
My producers haven't done alot better than Gold.
Fingers crossed we get the flows.
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6 | 254000 | 0.450 |
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Price($) | Vol. | No. |
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