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14.3% 3.2¢ caprice resources ltd

hedging .. irj., page-4

  1. xerxes_ph
    9,081 Posts.
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    26/12/02
    13:57
    Post #: 98094
    10,000 oz a month (at the hedged price of $500) onlly accounts for 120,000 oz of CRS's total annual production of 300,000

    So ... 280,000 oz are exposed to the spot price.

    And with hedged positions set to progressively fall I would say, given a longer term perspective, that it is very positive.

    I guess it depends on how you look at it.
    CRS Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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