SBM 2.13% 23.0¢ st barbara limited

Ann: Presentation to JP Morgan Australian Virtual Gold Meetings, page-2

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    Is it a typo on slide 18 or do they really have call (rather than put) options at that price? The mark to market on those would be pretty reasonable but not sure why a producer would be going long gold with options unless part of a broader strategy that doesn't seem evident here?

    DYOR
 
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