CRS 4.17% 2.3¢ caprice resources ltd

hedging .. irj., page-11

  1. 9,081 Posts.
    Oops .... should be 180,000 oz exposed to spot price not 280,000 oz (given total annual production of 300,000 oz)

    Must be the boxing day hangover.

    I am all "hedged out" on this one at the moment.

    Suffice to say that, along with LHG (and possibly EMP) it is one of the best Aussie gold producers that should rise as the POG continues its inexorable advance to new highs in 2003 .... it's a bit like the Aussie test batsmen who are going on to bigger and better things as I type.
 
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