RE: SP30 Oct 2024 07:24
No Anglo hasn’t risen with gold, but I believe because of the disappointment amongst its shareholders about the Cey bid. However, I feel this disappointment has been overdone and they haven’t got a bad price, partly as evinced by so many here complaining we haven’t got enough. . So as said I see Anglo rising from here, Also the coming quarter results should be good, at the last results in July they said the second half would be better. I am disappointed they have a collar on 200,000 ounces through 2025, just like Hochschild so will miss out on a bit of the rise, however both companies needed one to convince borrowers.