NGF norton gold fields limited
Add to My Watchlist 0.00% ! 25.0¢

hedged of un hedged, page-7

  1. LSM
    1,251 Posts.
    clock Created with Sketch.
    21/02/08
    13:18
    Post #: 3379328
    You're right Zooma: 40% of current production(150k oz) is delivered to the hedge book every qtr for the life of the hedge.

    When NGF produce 200k oz pa, the yearly hedging will be reduced to 30% pa until all ounces are delivered.

    All hedging done is profitable...and a nice amount of gold goes to spot - I'm happy with the hedging strategy.
    NGF Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AFT Combogesic IV Launches in Canada and R&D Shows Significant Advances
right-arrow Created with Sketch.
NEWS Significant new gold-copper discovery at Minyari Dome delivers high-grade results
right-arrow Created with Sketch.
NEWS Proteomics International granted first patent for endometriosis diagnostic blood test in Japan
right-arrow Created with Sketch.
NEWS High-Grade Niobium Intercept Delivered by Initial Drilling at Joyce
right-arrow Created with Sketch.
NEWS Next Science to Sell Majority of Assets in Proposed Transaction
right-arrow Created with Sketch.
ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
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.
Add to My Watchlist

Currently unlisted public company.

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