Looks totally overdone this fall. Yes, aisc up 5 to 10% but production up and still making serious profits at the current gold price. Looks a bargain so could be time to buy some of these beauties.
It is all very well talking about 2028 (yes, it could happen) but that is a long long way off. Been through it all before with CNR. Long waits normally see a stagnation or fall in the sp.
RE: Hannam & Partners Research Note20 Jan 2025 09:59
Two years seems a long time to wait. I will put my money elsewhere for a year and then think about coming back here. Can't see much happening for a while.