RSG 3.13% 82.5¢ resolute mining limited

9 million ounces in Reserves.190,000 ounces hedged represents...

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  1. 1,206 Posts.
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    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
 
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