I have been looking around for what I consider one of the most unloved gold producers & I think RSG fits the bill.
One of the largest producers on the ASX & diversified production.
They have never been the most dynamic of companies however they seem to be getting better & keeping costs down & are exposed to both the USD & AUD gold price. They also have some pretty good reserves & new ore being drilled.
With a market cap of just over A$250M I think they are a bargain here.
Gold price dependent obviously.
If we have indeed put in a triple bottom in gold we should see the SP a hell of a lot higher than the current 38/9c.
As such I bought in today.