Hi Plonka,
yes, the hedging will for sure help in case gold continues to head south. I really do feel very comfortable with our management team because they managed to distribute the risk. We started from Edikan only and have now 3 mines with Edikan playing the minor role. I even think we will not make a lot of money or even loose some at Edikan taking the sharply increased energy costs into consideration.
I´m positive because I believe we will see now some months with great opportunities for acquisitions. Gold down, energy up => some will struggle a lot and that´s when JQ and his team will be there. Our very solid financial base will help a lot.
Next months will remain bumpy for our industry but I´d not be surprised at all if there would be another acquisition.
Hi Plonka,yes, the hedging will for sure help in case gold...
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.40 |
Change
0.050(2.13%) |
Mkt cap ! $3.297B | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.43 | $2.37 | $10.34M | 4.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14744 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 62898 | 5 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |