http://imagesignal.comsec.com.au/asxdata/20081021/pdf/00892518.pdf
MINIMAL hedging .......looks like only abt 5000 ozs hedge remains ..... they are delivering 500 ozs per month til finished then no more
Looks like they have abt 13 mill net cash and producing good cashflow.
Looks like only debt is the C-notes .... they just bought back 10% at a 30% discount to issue price and say will be buying more. This action indicates to me Fair Value at least 5c+ ps.
All systems GO GO for mine and EXCELLENT long term call option / proxy to gold price.
Technos in play atm ....... 3.0 - 3.6 ...then gap to 4.0 and new range 4.0 - 6.0 ....then will move to 10 - 15 with POG break out into blue prob some time H1 next year if POG does what it is now threatening to do ....
IMBOOC
Ann: On Market Purchase of Convertible Notes , page-7
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Last
$1.87 |
Change
0.000(0.00%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 796 | 1 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
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