Spot on Sunderlandtech,
The hedge was structured on the not uncommon (unequal) pro rata monthly basis spread (unequally) over its term, intended to leave much available for sale at spot each month, ie any monthly production above the relevant (unequal) pro rata monthly amount.
Better for ALK than providing a royalty or having an all gold (until the hedge quantum is met) contract. It did okay.
GLTA.
Ann: Production Ore Extraction Commences at Roswell, page-28
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $253.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 37 | 1 |
View Market Depth
| Last trade - 09.55am 30/08/2024 (20 minute delay) ? |
| ALK (ASX) Chart |
Day chart unavailable