GOLD 0.51% $1,391.7 gold futures

which asx gold producer is top pick?, page-41

  1. 13,316 Posts.
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    GRY - trading at under $10 EV per oz, cashed up and nice repeating ranges which puts TA target of 55 cents on completion of repeating range.

    PGI - selling into hedge of 1320 per oz, cashflow postive and increasing, current CF per month of $1.5m, production continuing to improve with revenues forecast to increase from $3.5 - 4m (just confirmed today at upper end) to $7-$8m per annum. Also opex target of $350 for $400 confirmed over life of mine.
 
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