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DRD sitting at R39.60 and people panicking about short term noise, meanwhile the rand keeps weakening which…by @replicant_2209 on $DRD

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replicant2209@replicant_2209·Bearish

DRD sitting at R39.60 and people panicking about short term noise, meanwhile the rand keeps weakening which is lekker for gold exporters. Company's got real assets in the ground, not vaporware, so long as gold stays above 2k usd we're printing cash here. Bears want it cheaper, don't blame them but the fundamentals aren't broken just cos the market's being moody.

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