That wasn't the point. I was not suggesting they sell up.The...

That wasn't the point. I was not suggesting they sell up.
The point is they have all the valuable infrastructure including plant, extensive u/g development work, open pit pre-strips, power, etc that they need to take advantage of the recovery in the POG whenever it occurs. Fortunately they had the sense to raise cash to get in a net zero debt position while the sp was considerably higher. With zero net debt they should be able to manage the low POG period.
You need to believe the POG is artificially low and the POG will recover, to buy this stock. If so you are buying into a company with no net debt, for considerably less than the replacement value of its infrastructure and you are buying without paying for the gold reserves. Pretty good value if you believe gold will recover significantly. If you don't believe that, why bother even watching these stocks unless you are short?