I'm a long term holder of this company and cannot identify a gold purchase price for the output from Trouser Legs. Knowledgeable contributors have cited various prices up to $1,715/oz.
Do we have an actual contracted price or are we hypothesizing?
Gold is currently trading at around USD$1,200/oz [AUD$1,720] and that's before you take out any processing costs at Saracen.
What am I missing here?
Ann: TLMJV Anglo Saxon Gold Project Update, page-12
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