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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Last
$12.15 |
Change
-0.100(0.82%) |
Mkt cap ! $482.8M |
Open | High | Low | Value | Volume |
$12.22 | $12.25 | $11.99 | $1.242M | 102.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1071 | $12.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.19 | 1184 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 831 | 12.150 |
1 | 828 | 12.100 |
1 | 827 | 12.080 |
1 | 2000 | 12.030 |
1 | 417 | 11.990 |
Price($) | Vol. | No. |
---|---|---|
12.190 | 1184 | 1 |
12.500 | 940 | 1 |
12.880 | 500 | 1 |
12.980 | 400 | 1 |
13.000 | 80 | 1 |
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