They might be sick of hedging . but if that is what it takes to secure debt financing then I think they would still do it. Would be a big difference in discount rate to fund only with equity.. and really the gold price is not too bad. An AISC of 1000 and hedged price at 2000 is still a very tasty business case
RRL Price at posting:
$3.59 Sentiment: Buy Disclosure: Held
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