"Australian equities are the cheapest they have been in two years, with all 11 sectors of the market now undervalued, according to a respected research house.
Morningstar said its index of Australian shares had slumped 14 per cent in the second quarter of 2022 as investors stressed about surging inflation, rising interest rates and the threat of recession...It was more cautious on the miners, but said Australia’s biggest gold producer Newcrest was one of the cheapest given upside from development projects underway including Havieron, Red Chris and Wafi-Golpu and likely improvements at its Lihir operations...."
https://thewest.com.au/business/mining/ ... -c-7316619
Aussie equities ‘now undervalued’ - Newcrest upside from Havieron
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CanisLycaon
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Aussie equities ‘now undervalued’ - Newcrest upside from Havieron
"Every drill hole we put in there finds more gold"