94% of Regis' reserves are unhedged and would materially benefit from a gold price rise The remaining 6% are hedged and will be no worse off for a price rise. The hedge position has has been the whipping boy for the poor share price performance but it is far from the culprit. If anyone has special insight into a strong future for the gold price they would be foolish to reject Regis purely on account of its hedgebook.
RRL Price at posting:
$2.04 Sentiment: None Disclosure: Not Held
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