RRL has clearly struggled over recent years with more complexity around its operations. While a gold price tailwind would certainly support RRL, we have a clear preference for Evolution (EVN) & Northern Star (NST), while we also like St Barbara (SBM) as a higher-risk speculative play.
- While RRL will benefit if our positive view on gold transpires, we have a preference for others in the sector.
MM prefers EVN, NST & SBM in the Gold sector
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