@stockguru
I respectfully ask how did you come to the conclusion that most of it is hedged already. This is incorrect.
The capital raising was in part to pay down a significant portion of the debt, in order to have it in the position to restructure the debt.
RMS' balance sheet is extremely strong, so there will be limited restructure risk if they were inclined to make an offer.
And finally what is the current gold price versus DCN's aisc, there is a lot of wiggle room.
@stockguruI respectfully ask how did you come to the conclusion...
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Last
$1.97 |
Change
0.015(0.77%) |
Mkt cap ! $2.247B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.95 | $9.599M | 4.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87547 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 134610 | 6 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |