after reading the latest md&a, cash position is tighter than i expected. gold price helping but they're bur…by @thuli_dd on $PAN

after reading the latest md&a, cash position is tighter than i expected. gold price helping but they're burning through capex faster than the rand strength can offset. at r25.01 we're not getting paid for execution risk here, especially with load-shedding costs eating into margins. might wait for a proper dip or better production guidance before adding.