Cheers. Could not have explained it better myself.
i am now using around Circa $1500 for the cost price.
which has been rising and probably will rise in the future as the ASIC for all gold miners rising.
Srothern,
all the best with TBR. I have parked a fair bit here myself. We have had some great years. Future may not be as good. But MC here is almost at bullion backing. And we saw what EVN payed for 50% of the joint venture. So limited downside i think.
Great dividend paying company.
And as pointed out. TBR owns 40%+ of RND.
Thats a cream on top too.
great how Billis set up the two companies to stop takeovers.
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