Just day dreaming.
POG 1306 usd
POG 1451 aud
Lots more profit in every ounce since 1180usd.
Nearly 130 usd more per ounce. If Citi's forecast is somewhere near correct the price will be 1400usd per ounce in about 3 months. That's about 1560 aud per ounce.
big future coming up.
Lets say the POG as an average is 1350usd 1505 aud p/ounce and 200,000 ounces per year that will give us -
$310,000,000 aud
$270,000,000 usd
and a truck load of Brazilian currency.
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