DRD drdgold limited

durban roodenport deep, page-5

  1. 500 Posts.
    DRD looking to move production away from SA should be a good move (Porgera)
    but still dependent on ZAR (South African Rand) having moved from 10 to the USD when DRD was $7+ to 7 now
    i dont see it reaching those levels again unless gold starts moving towards $500 eventhen not that likely as USD may weaken further

    better unhedged options or go buy the Drooy US Adrs
 
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