does anyone know if we are going to implement a gold price hedging plan? understand gold price is going up but we also want to derisk our cashflow for the next 2 years where we can establish a real footing with certainty. The reason why i say 2 years is because that is when the cashflow is going to matter the most to us as we will be spending the most on prepping the mines, exploring new targets, defining existing targets and further refurbishments.
Once the above is completed we would then be in stable situation to reliably expand to other gold mines..
FFX Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
