RMS 0.53% $1.91 ramelius resources limited

This is management at its finest - very well balanced hedge to...

  1. 320 Posts.
    This is management at its finest - very well balanced hedge to maintain profitable operations in the face of very volatile and fluctuating gold environment - 6-9 months ago how many shareholders would have been wishing and lamenting that this wasn't in place.

    For a management company seeing a share price of over $1 plummet to 3c, to be able to lock in this balanced amount of gold at a hedge at near record AUD gold prices is well thought out.

    Just my opinion, but personally I'm comfortable with this decision as it lays a solid foundation for the company to remain in the long term.
 
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