RSG 6.03% 61.5¢ resolute mining limited

Hi Rowingboat, from what I can gather about half the hedge was...

  1. 2,888 Posts.
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    Hi Rowingboat, from what I can gather about half the hedge was repaid and the other was 'priced' with forward purchases. So they have full upside (and downside) to price movements.

    Handy timing with a strong aussie dollar making gold in aussie terms still look quite attractive.

    correction to my earlier post I used 65c in the formula, should be 60c, still gets around ~$1.43 as the theoretical price paid by the instos
 
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60.0¢ 61.5¢ 59.0¢ $5.904M 9.766M

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