Thanks for reading and sharing your comments. At the end of the day this was such an obvious world-class asset trading at Tier-3 asset prices. I mean just look at the mine life when combining their assets ... this thing will produce long after we're both gone.
Re: geopolitical risk and South Africa, it's a function of the value you're getting for the price you're paying. When we bought in July, the value-to-price difference was high enough to warrant the SA and geopol exposure.
Thanks for reading and sharing your comments. At the end of the day this was such an obvious world-class asset trading at Tier-3 asset prices. I mean just look at the mine life when combining their assets ... this thing will produce long after we're both gone.
Re: geopolitical risk and South Africa, it's a function of the value you're getting for the price you're paying. When we bought in July, the value-to-price difference was high enough to warrant the SA and geopol exposure.
Thanks again for reading!