"a hedging program has been implemented for the next 12 months with 50,000 ounces of gold at a delivery price of A$1,435/ounce."
"The planned operational changes at Challenger are likely to result in a significant non-cash impairment charge against the current carrying value of Challenger in the order of A$320 million."
From the June quarterly.
ann: june q activities report, page-2
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