Lets clarify this option strategy. The put option and the call...

Lets clarify this option strategy.
The put option and the call option strategy are two totally separate strategies.
The put option strategy is a simple act of buying puts at a strike price which means that if the price of gold goes below the strike price of $2,000 NZ then the company begins to make money and can hedge its production costs with the amount of puts it has bought. This is a hedge.
Now the call option strategy is quite simply a one way bet that the NZ gold price will remain below $2100 The option expires in December this year. So OGC is exposed to pay anything above $2100 to the option buyer until expiry
OGC has essentially capped the price of gold it can receive to the tune of $2100 NZ on these options which is probably numbers 59,400
The current gold price in NZ dollars is $2551