BCN 4.17% 2.3¢ beacon minerals limited

the only thing that matters to us is what we are able to sell...

  1. 752 Posts.
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    the only thing that matters to us is what we are able to sell and hedge for. Doesn't matter what the spot price says. Last year at $2800/AUD, we were not able to sell at those prices so it's not a real number.

    If we can hedge 80% of future production at $2450/AUD for the next 6 months, i think they'd be super bullish for BCN's cashflow
 
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2.3¢ 122688 1
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