Hi Rogues, Dragon are not hedged for their total production.
They are scheduled for forward sales of 9,200 oz's this quarter and 3,364 catchup oz's from last quarter.
For the rest of the financial year 8,000 oz's.
They are ramping up production at Svartliden, so the rest of the gold produced will be sold on the spot market.
One of the Finnish mines is starting up in the next week or two, (could already be up and running) The gold from that mine will be sold straight into the spot market.
They have oodles of prospects, and not much downside.
Read a bit Schnitzel, you will be impressed.
20 cents within 2 weeks
Hi Rogues, Dragon are not hedged for their total production....
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