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BARRY FITZGERALD
Saracen's super Super Pit deal
PAYING one-third of your market capitalisation for a gold asset that just about doubles your production makes sense every day of the week, writes <b>Barry FitzGerald</b>.
Saracen managing director Raleigh Finlayson
Make that doubly so if downside risk to a fall in gold prices can be protected against using some astute hedging while prices are at near all-time highs in Aussie dollars, and the asset is truly bolt-on...
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