Target lift to $1.80, page-34

POG $AUD still comfortably over $1600 with AUD devaluing to $US at same time.
Fantastic margins for disciplined OZ producers at the moment. Expect some profit taking and consolidation here . Since about August POG in AUG has been relatively stable with some volatility. We are in the buying season , Fed has not hiked rates yet and world still dealing with some big problems.
I also read somewhere that gold company SPs can be a leading indicator of POG. Some of the big producers seem to have turned a corner with some of the oz ones a clear standout lately.Would appreciate others thoughts.

Although SBM has come a long way in SP since dark ol days, feels like we have just recovered lost ground and still wait for its true operational value to be recognised. Great assets , management and operating environment = confidence. GLTA