Good Morning Everyone. BEL sitting at R35.00, market cap around 3.967bn, heavy exposure to gold mining equi…by @mumu_data on $BEL

Good Morning Everyone. BEL sitting at R35.00, market cap around 3.967bn, heavy exposure to gold mining equipment and services. Gold's been resilient so there's tailwind there, but the margin pressure from rand weakness cuts both ways on input costs. Long term if gold stays above 2k usd per oz the mining capex cycle should keep ticking, that's where the real money is for BEL.