Gold is still holding above AUD$5,000 an ounce2 May 2025 10:34
Incredible for GGP. Half of that should be going to the bottom line net profit. Threw some numbers together to think about:
Period Ounces AUD net profit Total profit/FCF in AUD
Quarterly 100,000 $2,500 $250,000,000
Monthly 33,333 $2,500 $83,333,333
Daily (30 days) 1,111 $2,500 $2,777,778
Period Ounces AUD net profit Total profit/FCF in AUD
Quarterly 90,000 $2,500 $225,000,000
Monthly 30,000 $2,500 $75,000,000
Daily (30 days) 1,000 $2,500 $2,500,000