Good points. I think there is another 6 quarters of the $1500 per oz hedge to go @ 25000 per quarter and that the SP will slowly climb as that fiasco draws to a conclusion. McPhillamys to me is still the elephant in the room. With the 'anti' everything but sitting around and recycling your toilet paper sentiment that pervades society today I won't be crossing my T's and dotting my I's until that is finally approved. Regardless I hold the stock because of the ground they hold in WA and the solid production figures. McPhillamys will be the cream on the cake.
RRL Price at posting:
$2.14 Sentiment: Buy Disclosure: Held
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