RRL 0.28% $1.76 regis resources limited

Hedging 428koz at approx A$1616 is a disaster; what is the...

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    Hedging 428koz at approx A$1616 is a disaster;
    what is the management paid those hefty $ for?
    No wonder that share price is so low. So they are loosing a whooping A$600 / oz on each sale ! Unbelievable.

    If they do not know how to hedge then may be they shall hire experts who know what the hedging is for.

    Or ... I wonder who did they signed the hedging with ? Their cousins and friends?
 
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