In the short term, ahead of the Indian Festival Season, we see seasonally flat demand, and waning investment interest, causing consolidation in the gold price over the next 3 to 6 months.
More Quotes from Steve Shepherd:
Long-term though, we continue to see a positive outlook, with mine supply growth and strong demand.Steve Shepherd
The last few years we got knocked out in the second round, the first round and the first round. It didn't help us then. You have to play well to win games in this tournament.
Steve Shepherd
Will this be enough cash to see the group through the ramp-up of South Deep to positive cash flow We don't think so.
Steve Shepherd
We are bemused by the length of time it is taking for the partners to announce the go-ahead for this project. Our analysis shows clearly that the economics of less attractive projects in the region are compelling at prices significantly lower than the current spot levels.
Steve Shepherd
The first thing you notice with Steven is what a great shooter he is he has unlimited range. But he's also a good passer and he's very unselfish. He puts the team first and personal stats second, and that's reflected in the success Willard had.
Steve Shepherd
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