RMS 4.67% $1.91 ramelius resources limited

Ann: June 2020 Quarterly Activities Report and Guidance, page-106

  1. cyw
    3,318 Posts.
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    Hindsight is always perfect. What if POG is $1200? Would you then say they have brilliant financial management?

    RMS is a gold producer, not a paper gold trader. In my opinion, to hedge future production against estimated cost of production is pretty good financial management, especially in these volatile times.
 
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