Ann: Half Year Financial Report and Appendix 4D, page-26

@centro11, looking at pg.3 of the Dec'20 quarterly, the WMX hedge contracts at 31/12/20 were 24,500oz @ $2674 /oz maturing in equal monthly instalments by 31/07/21. In the context of the falling POG & upcoming Tranche (2) drawdown of $40m in the Jun'21 quarter, the $$$ difference between AISC /oz & hedge price /oz is likely to be a bit skinnier after 31/07/21.

Going forward, it will be interesting to see what trajectory the POG takes as Crypto trading progressively becomes more integrated with investment banking services. According to an article on the Forbes website dated 01/03/21 & titled 'Goldman Sachs To Launch Crypto Trading Operation This Month After Bitcoin's Big Surge', it appears Goldman are setting up cryptocurrency trading as part of their Global Markets operations. Some highlights are below....