MOY 0.00% 5.1¢ millennium minerals limited

Ann: Production and Funding Update, page-19

  1. 3,201 Posts.
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    Of course they change the hedging levels all the time but both the Jan 14th quartelry ANN and the annual report on the 28th of Feb refer to hedging in place on the same date......year end 31 December 2018.

    This was what was said in the quarterly report 14th Jan........ page 4
    "At 31 December 2018, the Company’s hedge book consisted of 41,500 ounces"

    Then this was stated in the annual report 28th Feb......page 5
    " As at the 31 December2018......... there were 36,000 ounces of gold hedging in place at an average gold price of$1,718 for the calendar year 2019."

    That's quite a difference.......ah
    Does it matter........... probably not......... but is an indication their reporting is very poor
 
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