Share prices have risen, but are still a far way from reflecting current gold price . If $2800/oz and 0.63 aud/usd is the new norm, then share prices have a long way to go and everything is cheap.
RF is on track and doesn't need M&A but he is an empire builder and you don't have to covince a gold bull this is just the beginning of a gold bull run.
Until we have world peace , no more tariffs and no more sanctions , gold will be in demand
So any M & A gmd now is based on bullish gold forecast and a bit of fomo.
in a rising market the best time to buy an asset is always yesterday.
GMD Price at posting:
$3.26 Sentiment: Buy Disclosure: Held
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