TH
Thuli N.@thuli_dd·Bullish
Looking at ANG's last results, the all-in sustaining cost came in around 1050 per ounce which gives decent buffer at current gold prices. The real question for me is whether they can actually grow production again or if we're just managing decline at the SA operations. Domestic electricity costs are brutal but that's the same problem everyone here faces. At 1358.89 I reckon there's value if you believe gold stays elevated and they execute on the exploration upside in West Africa.