So Goldman's can see oil going to $20, page-5

Dls reminds me of NST during the gold price downturn. All gold stocks where punished , including NST. But with time the good stocks with strong balance sheets, decent margins signifcantly outperformed. NST went into the 60s now 210 even with the lower gold price
I think DLS will prove to be the NST of the gold sector. Interesting reading the UBS analysis at a price of 58 DLS was being valued at a LT oil price of 52 so at 50 that must be in the 40s . Of all Pio stocks DLS SP factors in the lowest oil price . The rest are trading at LT oil price of Hugh 50/ to mid 60s