i am in at an average of 0.94.
Plan to hold at least 12 months+, once the hedges have been closed out, then watch the re-rating.
based on OGC not having hedges, AUD 0.87 and Gold US$1010, vol 280koz pa.
their AUD NPAT would be approx $96mil EPS 0.51, PE of 6 = $3.06 share price
heaps more upside for those who can wait.
who's still holding?, page-3
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