Just a quick question to the more informed out there. Just a honest question here, read in the Half Yearly report that around 126K Ounces are hedged at A$2367 and needs to be delivered by from Mar 2023-Sep 2025 (Roughly 2 years of production, 65K ounces p.a.). Give or take AISC A$2000-$2250, say A$2000. So they are making roughly $367 per ounce for these 2 years in a optimistic scenario. I would think all their production profile for these 2 years needs to satisfy this Hedging contract first before they are even allowed to sell at spot prices, am I reading this correct?
Just a quick question to the more informed out there. Just a...
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Last
12.8¢ |
Change
0.008(6.25%) |
Mkt cap ! $95.16M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $67.22K | 536.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 368667 | 10 |
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| Last trade - 15.12pm 07/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.008 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 175588 | ||
| Last updated 15.40pm 07/05/2024 ? | |||||
| CAI (ASX) Chart |