SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Presentation - There's nothing like Australian gold, page-44

  1. 6,184 Posts.
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    I'm hoping SAR have their eyes on a few North American assets, similar to a POGO or Red Lake where SARs refurb speciality can shine. I prefer that over a divvy at this point. It would lessen the FX issues experienced by Australian gold miners at present. The AUD is a cruel mistress, POG in AUD is clearly lagging the action due to the strong AUD. An asset pumping put USD revenue will hedge us from the strong AUD moving forward.
    https://hotcopper.com.au/data/attachments/2484/2484692-6bb33f48ccc866c7a723073bb1201404.jpg
    I also think this is why there is a significant out-performance from EVN and NST compared to SAR. They've already got their North American assets to help offset the strong AUD.
    Last edited by Exised: 18/09/20
 
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