Some food for thought regarding falling POG and NST. Let's say POG falls to say $1200/ounce. How many ASX gold miners would be losing money or be put on care and maintenance? Would this help the operating costs for the remaining miners that are profitable at $1200 due to less demand for mining services and supplies? How many really would still be profitable? There must be some point of POG that would create a significant fall in world gold production or ,especially in Australia, a major fall in cost of production?
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Last
$17.05 |
Change
0.245(1.46%) |
Mkt cap ! $24.48B | |||
| Open | High | Low | Value | Volume |
| $16.14 | $17.23 | $16.14 | $75.87M | 4.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6657 | $17.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 3714 | 23 |
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| Last trade - 12.30pm 08/07/2025 (20 minute delay) ? |
| NST (ASX) Chart |