stocks like bdr, try pru are valued at discount to nameplate...

stocks like bdr, try pru are valued at discount to nameplate because they regularly dont meet guidance

the market pays a clear premium for +200koz reliable aud gold producers

theres a discount if you have
- non aud gold exposure
- sovereign risk ie west africa, south america
- have unreliable operating performance

factor that in on an ongoing basis and you;ll start to pick the right ones

but bear in mind gold currency preferences change, mining reliability changes and mine lives end - which is why rsg has gone from hero to discard atm - its having to radically retool its mines to create new mine life - effectively its building 2 new mining operations - but has the benefit of established processing facilities, some recurring cashflow etc