Power of rising gold price with steady costs...3 Feb 2025 15:09
This is pure speculation for illustrative purposes. Comparing an AUD gold price rising AUD$100 per line with a steady AUD$2,000 costs per ounce, and based on 500,000 ounces equivalent stockpile.
In summary a 25% increase in bottom line net profit if the gold price went from AUD$4,400 to AUD$5,000 an ounce.
AUD gold - ASIC (AUD) - Margin (AUD) - Ounces - Net margin before tax - in GBP - Profit increase
$4,400 $2,000 $2,400 500,000 $1,200,000,000 £600,000,000
$4,500 $2,000 $2,500 500,000 $1,250,000,000 £625,000,000 4%
$4,600 $2,000 $2,600 500,000 $1,300,000,000 £650,000,000 8%
$4,700 $2,000 $2,700 500,000 $1,350,000,000 £675,000,000 13%
$4,800 $2,000 $2,800 500,000 $1,400,000,000 £700,000,000 17%
$4,900 $2,000 $2,900 500,000 $1,450,000,000 £725,000,000 21%
$5,000 $2,000 $3,000 500,000 $1,500,000,000 £750,000,000 25%