Seems they are getting paid when the containers arrive at port. It takes all the containers they have to fill a ship. FAP payment terms for 95% of estimated valuev seems to be the go.
Reasonable to assume they are cash flow positive as they have plenty of hedging at $12,500 /t even if the price drops below that. Reasonable to assume they wouldn't hedge at a price where they are not making a decent profit that covers their operating costs and cap ex commitments to develop the mine.
- Forums
- ASX - By Stock
- Ann: Australia's Newest Copper Producer Presentation
Seems they are getting paid when the containers arrive at port....
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.2¢ |
Change
0.001(1.64%) |
Mkt cap ! $129.9M |
Open | High | Low | Value | Volume |
6.1¢ | 6.3¢ | 6.1¢ | $87.25K | 1.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 314647 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 91100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 303647 | 0.062 |
9 | 1371155 | 0.061 |
17 | 1599781 | 0.060 |
10 | 974766 | 0.059 |
7 | 761871 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 91100 | 1 |
0.064 | 385300 | 3 |
0.065 | 292592 | 2 |
0.066 | 285838 | 4 |
0.067 | 204750 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |