ASX 0.39% $84.66 asx limited

lhg/kcn/rsg have in common???

  1. 15,332 Posts.
    BAD HEDGE BOOKS thats why mkt is treating these stocks badly,sadly these companies have bad IOU on gold that one day have to be closed out,on the opposite side look at OGD closed out hedge book for $25 mill gain ,now have nil debt ,no hedges,$60 mill in the bank & looking to ramp up to 350000 oz by 2007 at a cash cost of US $240 oz ,for once a easy gold company to work out profits with no hidden nasty surprises & having there gold mines in the safe country of new zealand..
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