If paying 25K a quarter it will be gone = 3 years If paying 25K a 1/4 then other co gold = 400K +++ ounces a year clear. If 400 K clear @ average 1000 a ozzie after costs = profit = $400 million annually MC @ the moment = $1.4 billion so PE ratio 3-4 What can change = >POG going UP/down >Expansion of RRL operations whether co's NSW project go ahead, more %% in Tropacana or other M/A corporate. >EVN did a nice add on today?? The gold hedge?? Time is $$$??? so a timely paydown of hedging as unnoticeable @ 25K a 1/4 as then Co with 100K un=hedged a 1/4 for 3 years? OR Macquarie uses its brains trust and grows this RRL with other contingencies with its dealings of its hedging power and $$$ options? As for paying out the hedging earlier? Macquarie would love their return on Investment earlier but what benefit the RRL? The healthier the RRL company the healthier the Macquaries $$$ involvement with. If Macquarie $$$ involvement grew RRL rather than parasitism hedging, then a win win win would be better for all But ? Macquarie brains trust? as seen no S airport taking off??? and just $ee m illy little real assistance with others (lyc, aft, slr) other than margin plays and being on/off? (not Mac advice or bad as in such as busyness? as they make squillions? Just saying Mac better $$ to work with growing RRL, but unlikely happen, as effort there rarely seen will all and others? So likely slow pay dow bit by bit with least affect on RRL?? and mac waits full term fir their ROI $$$. ??
RRL Price at posting:
$2.13 Sentiment: Sell Disclosure: Not Held
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