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
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $211.2K | 838.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 439133 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 95475 | 3 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |