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Hi A4O, in my scenario you can't use all 200Koz to multiply by...

  1. riverred
    445 Posts.
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    14/02/14
    18:29
    Post #: 12938206
    Hi A4O, in my scenario you can't use all 200Koz to multiply by $100 because 85,725oz are fixed at $1,600poz.

    But I get where you're coming from as your scenario assumes that the average price (as distinct from the floating price) increases by $100poz.

    Fitting that into my scenario, that would mean the floating price increases by more than $100poz. Cheers.
    BDR Price at posting: 83.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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