RMS 0.49% $2.04 ramelius resources limited

News: RMS Ramelius Resources Posts Qtrly Group Gold Production Of 47,342 Ounces, page-28

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    You would hope that they get some sort of expert direction on gold hedging but it doesn't look like it.

    I'm also shocked that hedging has increased this quarter for unknown reasons. I'm not against hedging, but keep it around 30% on a forward rolling basis. The increase in hedging in a rising gold price environment seems illogical and unexplained to date.
 
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