...revenue not net cost - and if the gold price spikes in the next 5 months the additional revenue will be even higher. Of course we know there was a $98M cost but we are looking forward at potential P: E ratios etc that are important. I hope that clears this perplexing issue for you. Wishing you well.
Investors value on revenue; show me the money. The cost was baked in long ago and factored. It is the factoring that has changed. It was good the cost was from cash earned. It was shocking that the hedge was taken at that scale in the first place so long ago - and for such an extended period.
...revenue not net cost - and if the gold price spikes in the...
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Last
$2.05 |
Change
-0.040(1.91%) |
Mkt cap ! $1.548B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.10 | $2.02 | $7.411M | 3.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 41109 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.05 |
Change
-0.040 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| $2.08 | $2.08 | $2.02 | 1323839 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| RRL (ASX) Chart |