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2.2¢ beacon minerals limited

Ann: Jaurdi Gold Project March Quarter Production Update, page-20

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Fitzy888

497 Posts.

131

16/04/24

21:18

Post #: 73375943
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Originally posted by 7007: ↑

Pretty reasonable i reckon.
They've mined a lot of ore and processed very low grade, down around 1gm/t, rough calcs.

So hopefully the low grade pain is out of the way for the next quarter.

Also interesting to know how much of that hedge is left to be filled.

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Hi 7007,

By my calculations we have around 5250oz to clear the hedge.
The terms were 14000oz through November 2023 to 30 June 2024. Eight months worth of hedging.
So 1750oz per month with 3 payments to go. (if paid 30th of each month)

BCN Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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