RE: DP Deal in H124 Mar 2026 14:49
My initial investment case on la india was based on a price of $1,650 usd p/oz. $4k+ is insane margins.
And tbf, whilst all eyes are on Middle Eastern developments, they're off the Americas. If we can just keep the blinkers on and march toward production so we move from "fundamentals" BFS valuation to "producer" valuation, that would be great. This drop's been a blow (well into seven figures for me, as I'm sure many of you will aware), I can't help but go back and look at the xls that has "(gold production x gold price) - (aisc + tax) x 65% for prudence".
Just a waiting game.