Hi @Greatone
Good info - thanks. Regarding the travel restrictions, hopefully their South African office will mitigate some of that.
Regarding the 'gold proxy' - yeah I agree. I actually like that, as the idea of speculating on a commodity, regardless of how well founded, does not sit well with me. That said, whilst they are not a gold proxy, they would have to benefit from a secular rise in the demand for gold (which seems to be on the cards, long term, based on the very smart guys at G&R [see my link above]). I like the fact that while we wait for that to happen, they continue to earn revenue on projects (unlike the gold commodity itself) - short term C19 issues aside. But if it doesn't happen, they will in all likelihood still win projects/contracts, and even have the ability to pivot to other resources/infrastructure (as they have been).
Cheers, Mars
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$12.23 |
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-0.030(0.24%) |
Mkt cap ! $486.0M |
Open | High | Low | Value | Volume |
$12.30 | $12.30 | $12.05 | $528.2K | 43.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | $12.13 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 147 | 12.110 |
1 | 147 | 12.100 |
1 | 147 | 12.080 |
2 | 1752 | 12.060 |
Price($) | Vol. | No. |
---|---|---|
12.230 | 1335 | 2 |
12.250 | 147 | 1 |
12.270 | 147 | 1 |
12.280 | 147 | 2 |
12.350 | 500 | 1 |
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