Exactly, that is my point above. "In the past have compared...

Exactly, that is my point above. "In the past have compared against annual production forecasts.
This gives an idea of future production activities when compared on a % of p.a production metric."
I did this in Q2 but havent for the above yet.
When looking at gold stocks I wanted exposure to a rising gold price enviroment of course, so didnt want a company that had hedged that all away.
That led me to EVN because it is a cash macine in that respect, RMS have hedged a bit more but their assets were underappreciated by the market so added them into the portfolio as well.