Exactly, that is my point above. "In the past have compared against annual production forecasts.
This gives an idea of future production activities when compared on a % of p.a production metric."
I did this in Q2 but havent for the above yet.
When looking at gold stocks I wanted exposure to a rising gold price enviroment of course, so didnt want a company that had hedged that all away.
That led me to EVN because it is a cash macine in that respect, RMS have hedged a bit more but their assets were underappreciated by the market so added them into the portfolio as well.
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