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Ann: Response to Media Speculation, page-148

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trueman

91 Posts.

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15/08/23

13:27

Post #: 69346971
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Originally posted by deserthead: ↑

Good luck to all I'm bailing for a while because it is pointless and futile trying to educate people that think they have all figured out.

There is only ONE sector that is worth investing in at present. It is the most downtrodden I have seen it in over 40 years and yet the fundamentals for the sector are the best I've seen in over 40 years. Valuations in this particular sector are beyond absurd, with many producers having MC's not much more than cash on hand and infrastructure, excluding their reserves/resources, and with declining cash costs/increasing margins and rising production into CY25 and beyond. They have no debt and no need for capital raising.

And nobody wants anything to do with them aside from the few value seekers and contrarians.

Figure it out.
GLTA

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Are you talking about Gold? Hopefully not in W.A.
That's going to get crushed by the competition for resources by the coming flood of higher margin businesses.
Just my opinion. Allways exceptions. And good luck.

AZS Price at posting: $2.48 Sentiment: Buy Disclosure: Not Held
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