After reading the latest MD&A, key takeaways for me are the all-in sustaining costs holding steady while sp…by @thuli_dd on $ANG

After reading the latest MD&A, key takeaways for me are the all-in sustaining costs holding steady while spot gold keeps doing the heavy lifting, but the real question is whether they can actually grow ounces without capex spiralling. Ngl the rand weakness helps the rand-based operations but that's a coin flip, not a strategy. R1484 feels fair until we see production guidance actually hit, otherwise it's just a leveraged gold bet wrapped in a JSE ticker.