RMS 1.38% $2.15 ramelius resources limited

short term gold crash, page-36

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    A$ GP 2385
    RMS reported end of Q hedge position av price of $2288 so still discounted to current price and puts this in perspective I think .
    Might be knocking the icing off the top but still a really good margin and each Q the av. hedge price has been rising .
    Still doesn't justify the quantity of gold RMS hedged of course !
 
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