RE:Disruption Lioyd_Blankfein
I think the Disruption part comes in adding technology and new ideas to reduce the cost of mining and processing an ounce of gold.
A company I retired from,,, for 30 years produced a product where they grossed a record profit $120 million at the start. Last year on less revenue for the product the had a gross profit of $840 million.
There was mass Disruption,, changes in the process adding technology in order to squeeze out better quality less wast and more profits.
The mining industry has always operated in the dinosaur ere
always reling on higher commodity prices, With adding some new ideas they could lower mining costs to where they could make money on gold @ $600 an oz IMHO
M2