If the Reed brothers are reading this post - I have an idea as GOLD has bottomed and should push back to 1550 over coming weeks/months.
Buy back the 70,000 forward ( 1700 ?) sold contracts - that should realise $300 X 70,000 = $21M
Sell the 40,000 bought puts ( 1640 ) which should net you around $300 X 40,000 = $12 M.
There is your mky cap in trading options.
Pay down the $19m loan and sit on the remaining $12 m for the envitable production issues ......
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Last
8.4¢ |
Change
-0.001(1.18%) |
Mkt cap ! $57.95M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.3¢ | $19.04K | 223.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 439 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 604 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 439 | 0.083 |
1 | 3185 | 0.082 |
2 | 266000 | 0.081 |
1 | 7250 | 0.076 |
3 | 76617 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 1011 | 1 |
0.085 | 19927 | 1 |
0.086 | 20906 | 1 |
0.089 | 170000 | 2 |
0.090 | 141260 | 4 |
Last trade - 14.22pm 13/09/2024 (20 minute delay) ? |
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