RMS 1.85% $1.86 ramelius resources limited

Ann: June 2019 Quarter Production Update, page-7

  1. 20,140 Posts.
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    I was convinced we would fall below 100million with our cash balance. So fantastic there.
    mt magnet, excellent. Was a little worried there but all good.
    hedging 70000@1914, a little disappointing there but wondering when. They say short to mid term. Which is a bit of a worry why they would do that.
    must be super confident as 60% hedged already till dec 19.
    price might move down despite pretty good qrt.
    unfortunately.
 
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