Given that you own the stock, as I do, the hedging is not a big enough concern, at the current share price, for us to sell up.
The hedging is what it is. As Capex is on the horizon, closing some of the hedging position is not on the cards. If production ramps up in the medium term I imagine that the company will increase the number of hedged ounces sold. It seems like a very long haul at the moment but the hedging position can come down quite a bit if incremental production is material and they are more aggressive in reducing the position.
Given that you own the stock, as I do, the hedging is not a big...
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Last
$4.39 |
Change
-0.100(2.23%) |
Mkt cap ! $3.316B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.53 | $4.37 | $16.81M | 3.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 51252 | $4.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 7201 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |