the best thing for RRL would be to actually deliver any gold tht it is obligated to deliver - if it can do this then at least it has made a profit since i see that the cost of production is much below the hedged price
the worst thing would be if there are production problems and they CAN'T deliver on obligations and then HAVE TO either buy gold on market or pay contract difference
i guess today's action is discounting the worst case scenario
update on flooding, page-84
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Last
$1.92 |
Change
0.120(6.69%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.92 | $1.87 | $14.41M | 7.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10157 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 165950 | 16 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |