Not sure its positive. The closure of the hedge position has yielded a 30 million dollar loss... more debt to be repaid if it is a going concern or another creditor ranking above shareholders in a wind up?
Closure of Gold Hedging Position
"The Company’s gold hedging program was closed out by the Company’s hedge counterparties as aconsequence of the appointment of Administrators. This has now crystallised a $29.7 million liabilityowing by the GCY Group to the hedge counterparties on the existing pre-appointment hedge position."
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Not sure its positive. The closure of the hedge position has...
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Mkt cap ! $613.1M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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18 | 390227 | 56.5¢ |
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18 | 376935 | 0.560 |
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Price($) | Vol. | No. |
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0.575 | 42048 | 2 |
0.580 | 350000 | 2 |
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0.600 | 8264 | 1 |
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Change
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