watso calls it as he sees it - no ramping from watso
thanks for mentioning golden pride and ravenswood . from memory, watso has mentioned ravenswood in previous posts. the au$ gold price, certainly leaves a nice margin, even allowing for the hedges. if 50% of ravenswood production is delivered into hedges, and the balance sold at spot prices, then it could be that the company would still be in front (watso has not double checked this)
also philw - keep in mind "finkolo" -if syama has turns out, the way that the company hopes , then there is the upside from finkolo . a good outcome from syama, will provide the funds for the development of finkolo. There seems to be a lot of exploration upside in that area
If the company survives in this climate, then that is a bonus
RSG Price at posting:
60.5¢ Sentiment: None Disclosure: Held
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