who cares? what part of hedged don't people understand? break even is guaranteed and any production above cost goes straight to bottom line.
by the time the hedge runs out, our cash balance will be higher than our mkt cap.
so - is that "news" relevant?
Price of Iron Ore, page-580
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Last
27.0¢ |
Change
-0.010(3.57%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $146.4K | 533.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 321726 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 49999 | 1 |
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| FEX (ASX) Chart |