Member Info for YNWA91

At what point would he have hedged near $5000?

Our SP is holding up very well. Beginning of march our SP was similar to now and the gold price was over $5300. How will the SP react when gold gains the $700+ per oz back?

Definitely won’t be any rate change. Next opportunity they will be lowered and then it’s game on for the gold price

Some posts aren’t far off that to be fair Daffy. People panicking and claiming the markets are manipulating us to keep our SP low, without any thought/knowledge to the price of gold, which is down more or less $1000 per oz in just a few weeks.

People have been invested for 5/10 years and don’t understand why the POG affects us. If we release a belter RNS, and gold is rising and our SP goes down, then that is a time to be concerned….

Expert investors/traders always say the term ‘free ride’ is a giveaway that someone is a complete novice in the markets. As you say it makes no sense whatsoever.

Don’t understand how so many could be invested for years and years and have decent returns in ‘paper’ profit, yet have no clue whatsoever what they are invested in still, or how the business even works. But I suppose you’re better off being lucky without a clue than the opposite. GLA

To be fair it does look like we are tied somewhat to the gold price, however the price of gold has been hammered over the past 48 hours and we have held relatively steady not a million miles away from our ATH. That in itself is a great sign of our strength and just have to sit back and wait until the war is settled and gold creeps back over $5000 and on towards $6000, imagine where our SP is then.

Cheers Speedie I agree POG will fly once this current mess is all sorted out

Speedy - How long do you think until we see $10,000 oz?

GGP have consolidated nicely around 760 even with everything that is going on. Imagine what it does to the share price once these things all settle down and gold can start creeping back up 👀

Gold will most likely spike once Iran agree a permanent deal and the Fed reduce interest rates. I would guess we would be stabilising around $5500 come the end of 2026….and hopefully move towards $6000 in 2027.

I wonder how long gold Britannia’s will remain tax and VAT free?

75 million oz what planet are you on 🤣

Iran produces less than 5% of the worlds oil but around 25% of the worlds oil is shipped through the straight

Yes trippy you post rubbish just to look like you know what you’re doing. You literally said ‘So we’ve surpassed the average volume in just under an hour yet they take us down?’ That doesn’t make any sense if you agree volume doesn’t affect share price movements up or down.

If volume has increased at this level it indicates the market is correct not wrong. The MM job is to facilitate as many trades as possible and if there is enough interest at this level it will take the sp there, fill the orders and then move back up. All extremely heathy for the share price by the way.

Volume alone has no bearing whatsoever on if a share price goes up or down. The lack of knowledge of investment markets on an investment bb is ridiculous.

The aim is always going to lag the asx in general, it is a much weaker market and especially for miners. You need to get over it if you are planning on staying invested for a while. It’s boring hearing the same complaint every morning when we are in an excellent moment.

They will open it because one of the points of the plan will be for Iran to have sovereignty over the straight which trump will have agreed to as part of the plan

Gold is up as well as Asian markets, trump is about to agree to the 2 week ceasefire. Gold will rally as will our share price on asx and aim tomorrow.

Autumn - If it doesn't matter what people on chat boards state, then why do you bother reading them or posting? Obviously no one knows for certain until an RNS is out.

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