Timlin
I could not disagree more . The gold price is the key driver making all that you described that much more leveraged. Ivory Coast prod is one element of the rerate but where the gold price sits will determine the degree.
Pru has tracked the gold index and the mine approval and small prod shortfall has in my view has not been the cause of the recent falls . Ofcourse all things matter ,but gold price sentiment is key . A move above 1600 and then. 1625 may result in a serious reassment
Looking for a close above 162 over next couple of days and we are back in business SP wise
broker valuation - part 2, page-13
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