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0.00% 7.3¢ red river resources limited

RVR February, page-76

  1. Whisky49
    13,412 Posts.
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    09/02/18
    12:39
    Post #: 30944581
    Well if your hedging the Aussie dollar and ZINC , as an exporter, surely you would try and lock in a lower exchange rate and lock in a higher price For ZINC...at the moment we are benefiting both ways without hedges, unless they have started instigating them already...

    Of course Hedging is really trying to read the future which is never easy...


    Cheers Whisky
    RVR Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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