CYL 3.40% $2.13 catalyst metals limited

Can Someone help me here?Forward Hedge price I understand.Is the...

  1. 5,203 Posts.
    lightbulb Created with Sketch. 732
    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
(20min delay)
Last
$2.13
Change
0.070(3.40%)
Mkt cap ! $476.4M
Open High Low Value Volume
$2.10 $2.13 $2.07 $347.3K 165.4K

Buyers (Bids)

No. Vol. Price($)
5 9891 $2.12
 

Sellers (Offers)

Price($) Vol. No.
$2.13 3412 3
View Market Depth
Last trade - 12.31pm 06/09/2024 (20 minute delay) ?
CYL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.