CCU 0.00% 5.8¢ cobar consolidated resources limited

ccu best bargain on the asx, page-5

  1. 3,754 Posts.

    read ann dated 13/11/2013




    The Company had 60,000oz per month for 15 months from January 2014, for a total of 900,000oz, at
    an average sold forward price of A$23.75. The average sold forward price was comparable to the silver price at
    the time the positions were c
    losed out and so the positions were closed out at nil cost.
    The Company has a remaining hedging position of 95,000oz at A$29/oz hedge


    Maybe im reading it wrong but reads to me sold forward price of a$23.75



    have a read

    cheers.



 
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