RMS 0.92% $2.19 ramelius resources limited

Interesting .Trying to read up on them and noted this...

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    Interesting .
    Trying to read up on them and noted this (US$'s)
    • Produced 15,177 ounces of gold, down 7% from the first quarter of 2020 and down 36% from the comparable period in 2019
    • Sold 15,536 ounces of gold at total cash costs1 of $1,426 per ounce sold and all-in sustaining costs1 of $1,547 per ounce sold which were below the record realized gold price1 of $1,608 per ounce sold
    So does that realised price imply hedging ??
    So marginal at this GP.
    Does seem the sort of thing RMS could be interested in IF they felt it could be turned around .
 
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