Buying out the hedge book back late last year looks like it was a master stoke now, well done management. Gold above $3600 should single a little colour to come back to the share holders . would love to see them put McPhillamys on hold very low 1gm per ton , and another most likely 2b mine build. there is a number of explorers out there in WA and maybe Vic that could be a better option in the short term to build up mine tons above 2gms. Share price this time last year 2.11 15 may. Gold price same tine about $3000 that’s $600 a oz better off and no hedge
RRL Price at posting:
$2.21 Sentiment: Hold Disclosure: Held
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