ADU 0.00% 71.5¢ adamus resources limited

a point on hedging, page-8

  1. 10
    909 Posts.
    lightbulb Created with Sketch. 81
    Lets just get this in perspective here.

    The company has gross value at current market in the order of 1.1million oz at US$1400/oz. Thats right +US$1.5 BILLION in proven reserves. Not resources gentlemen BFS proven economic RESERVES.

    At the healthy margins projected the modest hedge shouldnt be your focus.

    Cheers
 
watchlist Created with Sketch. Add ADU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.