yrs of hedge book and all round negative sentiment towards the company is my opinion.
if we get a couple of good quarters and just demonstrate stability, we could re-rate significantly.
we are lower now than we were with pog 500/oz higher. and with the hedge book gone.
hence my continual mention of a buy back, we are very cheap and we dont want to be taken over or merged with our scrip worth so little relative to assets or cashflow.
RRL Price at posting:
$1.73 Sentiment: Buy Disclosure: Held
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