Hedge price was set when gold was lower. Expanding the production will reduce the effect...65-70% will be unhedged - miners like nmt and ae have a hedgebook. CTGO did a similar bargain in order to secure loans for its project. The shoots from deacon main (mining now) and bellevue south (early next year) are also likely to increase ounces mined/t next year. So possible good production surprises along with drill results next year.
Hedge price was set when gold was lower. Expanding the...
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Last
$1.47 |
Change
0.005(0.34%) |
Mkt cap ! $1.875B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.43 | $17.05M | 11.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 94000 | 5 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |