In Australia, gold output is estimated to plummet to record lows of 6.8 million ounces by 2022, marking a 33% drop just within three years, said Galbraith.
This outlook is surprising, especially in light of S&P Global’s projection that Australian gold production will reach a 26-year high of 10.2 million ounces in 2019.
Fast forward 2-3yrs if EAR doesn't get taking out by NST ... should well be producing Gold while many majors production profiles are dropping
EAR Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held