mk says us 2000 dollars per oz, page-10

hey marcies

what is your long term predication for the share price?

Just wondering, as we ponder a potential 1% interest rate decrease in the US will send gold to 1100, 1200 an ounce maybe this week... do you honestly believe that say $150 - $200 oil would offset any profit that MON can book at $2000 au? Why don't you think this will explode at $2000 au? Other than oil (which probably equates to a relatively small proportion of their costs - ~15%?) what other costs do you see rising with gold to support you case? The outlook is that costs will be coming down to the vicinity of $600per ounce around the time when they are booking over $1000 unhedged per ounce. To me that would indicate a much higher shareprice in the short term.