Re: Possibly going to 250p They may have got some clarification. There is little sense to enforce a ban immediately as it hits the workforce, mine planning and everything else.
Re: Possibly going to 250p I am amazed that its currently rising back up have we missed something????
Possibly going to 250p Rationale is that 300,000 ounces can not be processed. Forget any merger that just went out the window. At 600,000 ounces the value will settle at around 250 per ounce if gold holds current levels. AISC goes up on less productive sales. They may well need to cancel divi as well. TT
30% I guess logically it should fall 30% from the announcement but panic and weakening gold prices could push it a lot lower.Down 100p as i type
could see 300p in a week going to 425p today