9 million ounces in Reserves.
190,000 ounces hedged represents less than 50% of production over the next 12 months.
If gold is US$2,000 per ounce Resolute will be $5 per share and the hedging will be irrelevant.
If gold is back at US$1,200 ounce.,Resolute will make US$10 million profit out of these hedges.
Watch RSG's achieved gold sale price. They outperform all the other ASX goldies. Smart.
J9
Ann: Resolute strengthens US$ gold hedge book, page-4
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Last
63.5¢ |
Change
0.030(4.96%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 64.0¢ | 63.0¢ | $5.754M | 9.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 243739 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 837177 | 22 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |