prod to surpass broker expectations , page-3

Very true
Reading some recent broker reports - PE drops to sub 3.5 in 3 years time with an assumed gold price of 1500. We forget that PRU medium term cash costs are very good - mid 600s for Edikan and around 500- 550 for Ivory coast . Long life mines , life extensions for existing reserves / resources . Compared to other goldies it seems to have something that few do, that's low costs plus high prod . Companies with high prod tend to have cash costs at 900 plus ( RSg ) and then companies with lower prod costs dont have high production or long mine life .
Today's Ann is obviously ahead of all broker estimates with 3 reports I have read today assuming prod for first half of 100-110 . Given the delay of ivory coast and prod normalising I think they may be able to bring the second mine into production with little or no debt. Can not see them needing more than 20 m max , and as low as zero