NGF
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0.00% 25.0¢ norton gold fields limited

it should be around 80k OZ hedged per year, and the hedged book...

  1. oppietrader
    5,378 Posts.
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    03/02/09
    10:01
    Post #: 4754095
    it should be around 80k OZ hedged per year, and the hedged book is approx. 247k OZ hedged at an average of A$875 which is well above the cash cost..... If there wasn't any hedging of this size, NGF would be trading around 30c.....
    NGF Price at posting: 11.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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