been digging through the latest financials and har's all-in sustaining cost is still creeping up while gold…by @thuli_dd on $HAR

been digging through the latest financials and har's all-in sustaining cost is still creeping up while gold prices have flattened a bit, which is squeezing margins worse than sibanye or drdgold are feeling it. the rand weakness used to be a cushion but you need actual grade improvement or cost discipline to make this work long term. at r282 you're paying for hope rather than current earnings power imo.