"Attributable gold sales totalled 31,700 ounces at an average price of A$2,001 per ounce during the quarter. Bullion on hand at the end of the quarter totalled 257 ounces."
The average was clearly a tick over 2k per ounce. Many companies are in the same boat, it's called insurance. Is 100% non-hedged better under the current circumstances? Well duh! 70 to 75% is not terrible, for a start up is not inclined to risk the company on predicting movements in a grossly manipulated spot price.
Implying a connection between DCN and GOR is the same as implying a connection between Marina Abramovic and the Holy Mary.
Ann: Quarterly Activities and Cashflow Report - March 2020, page-31
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Last
$1.56 |
Change
-0.010(0.64%) |
Mkt cap ! $1.690B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.59 | $1.55 | $9.739M | 6.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 189275 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 39128 | 2 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |