CGU 0.00% 2.9¢ commissioners gold limited

Drop in Gold price could be a plus as supply constraintsmay...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,390 Posts.
    lightbulb Created with Sketch. 17
    Drop in Gold price could be a plus as supply constraints
    may eventuate as high cost/low grade miners come under increasing financial pressure. This could result in either production being suspended or ceasing in the interim.

    Worth noting that Canadian listed Peru ore processor Dynacor is still at around $1.20 despite gold decline..with management noting."the Co's ore processing
    unit alleviates the risks associated with gold MINING
    including the the instability of the price of gold"

    Seems like a pretty good template.
 
watchlist Created with Sketch. Add CGU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.