I actually argued that exact point in the past and claimed to be the necessary evil ALK had to deal with in order to secure the funding and have that flexibility. My points were exact as yours.
But Joelstar proved me wrong as there are alternatives to the old hedging.
Ann: Kaiser Resource Drilling Records Highest Gold Grade Interval, page-98
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Last
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $310.7M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 50.0¢ | $383.1K | 750.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 988 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 37058 | 2 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
51.0¢ |
Change
-0.005 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 51.5¢ | 51.8¢ | 50.0¢ | 241596 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| ALK (ASX) Chart |