CYL 2.82% $2.92 catalyst metals limited

Ann: Half year financial results, page-90

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,234 Posts.
    lightbulb Created with Sketch. 733
    Can Someone help me here?

    Forward Hedge price I understand.

    Is the call option in favor of CYL? Or the buyer.

    So have we committed to selling the gold at Spot or at the average call price (not withstanding the minimum price we could sell is the call price)

    I ask this as why is it called a Call and not simply a forward hedge price?
    https://hotcopper.com.au/data/attachments/6099/6099573-03cd0ddb5540bdafbe48ca8d6d2fa66e.jpg
 
watchlist Created with Sketch. Add CYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.