good post Wolfofall , u r quite right, nothing is to be taken for granted.
Heres the kicker, " Hedge book 313koz at an average price of $2,526/oz"
That is a loss of about $133,000,000 on todays price, if we have a big move up in the Gold price, Ouch,Ouch , ouch.
A bit like RRL, this Rings a bell ?
There are upsides though.
- Forums
- ASX - By Stock
- SLR
- Ann: Silver Lake Acquires Red 5 Shares
Ann: Silver Lake Acquires Red 5 Shares, page-103
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)