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
8.1¢ |
Change
-0.003(3.57%) |
Mkt cap ! $50.48M |
Open | High | Low | Value | Volume |
8.4¢ | 8.4¢ | 8.0¢ | $139.8K | 1.703M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4531 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 475181 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4531 | 0.081 |
11 | 901943 | 0.080 |
3 | 18167 | 0.079 |
2 | 120000 | 0.078 |
2 | 40091 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 475181 | 2 |
0.085 | 100291 | 2 |
0.086 | 51976 | 2 |
0.089 | 66000 | 1 |
0.090 | 12195 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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