This is actually incredible.
They were able to hedge the entire 2021 production at a premium to current prices.
For 2.4mtpa, current prices of 245us/t (318au$/t) and All-in costs around 120au$/t, we are talking close to 500m au$ in free cashflow secured, more than the entire market cap in one year.
This is actually incredible.They were able to hedge the entire...
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |