RRL 0.38% $2.65 regis resources limited

Ann: Quarterly Activities Report, page-8

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  1. 712 Posts.
    lightbulb Created with Sketch. 15
    Hedging 428koz at approx A$1616 is a disaster;
    what is the management paid those hefty $ for?
    No wonder that share price is so low. So they are loosing a whooping A$600 / oz on each sale ! Unbelievable.

    If they do not know how to hedge then may be they shall hire experts who know what the hedging is for.

    Or ... I wonder who did they signed the hedging with ? Their cousins and friends?
 
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