We expect DRDGOLD (“DRD”) to announce H1 FY2025/6 production of 74.7koz at an All In Sustaining Cost (“AISC”) of US$1,853/oz with revenues of ZAR5.4bn, EBITDA of ZAR2.8bn, and NPAT of ZAR2.2bn. DRD, as a tailings reprocessing company, provides excellent low technical risk exposure to higher gold prices. The Company has a reserve of 5.85Moz and a resource of 6.27Moz across two operations that should sustain production over the long term. The main catalysts for DRD shares should be hitting guidanc ....
