I think you guys are crazy if you wouldn't be happy with hedging the first 30,000 ounces mined at $1500. That would have to be roughly an $800 dollar margin per ounce, presumably sorted in the first year of production. My view on gold isn't so rosy as others. I think the falling AUD may be our only saving grace and the uncertainty over gold is the main reason we are still trading under 3cents. Once bitten, twice shy
I think you guys are crazy if you wouldn't be happy with hedging...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $951 | 475.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 77023422 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 3706548 | 2 |
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| Last trade - 12.52pm 30/09/2024 (20 minute delay) ? |
| PRX (ASX) Chart |