RSG 1.01% 50.0¢ resolute mining limited

Hedging Information

  1. 950 Posts.
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    Lately I've been reading that RSG share price is down because of the poor hedging for the next June quarter.
    Absolutely true. It will affect RSG's revenue for the June quarter. My back of the envelope calculation tells me that cash on hand should still be higher than March quarter. RSG will have positive cashflow. I have listened to the quarterly conference call and must say that I've never been more confident on RSG's future. I am no fan of John Welborn or RSG. My only intention is to make money which I think is there to be made in 6-9 months of time. I say a good 50% return from here.
    One thing to be noticed is RSG's  June quarter hedge are in line with most other ASX gold producers, however after June, RSG's hedges are the best in the whole ASX gold sector.

    Let's compare some hedging data of other ASX gold miners.

    RSG

    rsg.PNG



    WGX

    wgx.PNG

    SBM

    sbm.PNG

    SLR

    slr.PNG

    RMS

    rms.PNG


    PRU

    pru.PNG

    DCN

    dcn.PNG

    GOR

    gor.PNG

    SAR

    sar.PNG

    EVN

    evn.PNG

    NST

    nst.PNG

    RRL

    rrl.PNG




    Based on those above figures it can be concluded that after June quarter RSG's hedges are one of best in the ASX miners.
 
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Last
50.0¢
Change
0.005(1.01%)
Mkt cap ! $1.064B
Open High Low Value Volume
50.0¢ 51.0¢ 49.0¢ $4.131M 8.291M

Buyers (Bids)

No. Vol. Price($)
7 210192 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 157308 3
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
RSG (ASX) Chart
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