Question for all and sundry.
According to the latest quarterly RRL has a hedgebook of 440koz @ A$1,617/oz deliverable by 10koz per quarter. If my maths serves me right that means they will only deliver on this hedge after 44 quarters or 11 years. I have never seen such a hedge before (duration). Two questions
1. Is the above accurate?
2. If so, how do they deliver on it when they only have 5 years of reserves (at Duketon) remaining? (2,000koz / 400kozpa)
Question for all and sundry. According to the latest quarterly...
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Last
$4.14 |
Change
0.020(0.49%) |
Mkt cap ! $3.129B | |||
| Open | High | Low | Value | Volume |
| $4.12 | $4.18 | $4.05 | $9.126M | 2.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10408 | $4.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 3770 | 2 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |