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0.00% 33.0¢ demetallica limited

It was reported in "BAILLIEU HOLST RESEARCH" available at DRM's...

  1. coinemas2
    570 Posts.
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    09/06/16
    11:04
    Post #: 17993138
    It was reported in "BAILLIEU HOLST RESEARCH" available at DRM's website that hedging of 133k oz DRM's gold production will cost DRM approx $10M , which is only about 7% of the revenue $ 138M Estimate for 2016. With production ramping up to 300k , and gold price on the rise, hedge cost will go down percentage wise.
    DRM Price at posting: 96.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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