RE:RE:RE:RE:RE:RE:RE:RE:NCU
if i remember from barrik when it was @ 300 Oz Au... the mines sign these contracts on an 8 month basis - along the lines of 6 1/4's,
ABX got shagged when diesel hit 5$ and production hit 350$ an oz.. the contracts then were not for a full 100% Stream.. ABX then: Formed a Gold Bank simply drove the melt (%%% ? )across the high way to Almy and stored it in a tin wharehouse... they ran tht gold bank for another 2 years and that gold simply sat until gold hit around 550$ oz.
ABX does this now - except they simply stockpile the ore - probably a little safer and less grief