RMS 1.56% $1.95 ramelius resources limited

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  1. 310 Posts.
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    Well, hedging at $1600 still under water and has not been useful in holding up the SP. Will it hold up the SP if and when the POG tanks to below 1600? Without that hedging, we'd have been in the 60s or even 70s and I wouldn't mind giving back 8%-10% from those levels, and we'd not have so many willing sellers. RMS still making plenty of money but one needs guts and patient capital to extract full value from holding.
 
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