What I'm not understanding is that these hedges have been in place for some time now even when the share price was at $5.00, clearly the acquisition of Tropicana saw a sore point for holders but there is loads of upside from where we are today. last hear this company made $250 million in profit where hedges were in play and the forecast for this year was increased gold production. One would assume profits would rise if not be at the same rate due to some increase in costs but if this company makes that kind of profit with this market cap in comparison to a majority of the market this company is killing it and is a strong upside safe bet once the market stops chasing dreams and starts to settle into implemented and proven strategy.
RRL Price at posting:
$1.82 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)