RSG resolute mining limited

To hedge or not to hedge

  1. 15,142 Posts.
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    I would like to see RSG lock in some more hedges if AUD gold went to 1800 and or USD gold went past 1400. This would secure a very healthy margin of at least 520 USD per oz likely 600 plus and 700 for the Australian operations . It would in turn position them to develop Bilbiani with ease . What do people think ?
 
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