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7.41% 2.5¢ caprice resources ltd

hedging .. irj., page-9

  1. lrjones
    1,781 Posts.
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    26/12/02
    15:16
    Post #: 98106
    Xerxces,

    I thought you had 400,000 total ozs ie.120,000 hedged +280,000 at spot price which means about a 6% loss against today's spot price.

    If the total production is 300,000 oz. and the average price is about AUD567 it is a bit more than 7% less than todays spot price.

    regards lrj.
    CRS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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