CCU cobar consolidated resources limited
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Jetson5, you appeared to "correct" me with "... but the hedging...

  1. siameseparrot
    24,765 Posts.
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    26/11/12
    13:40
    Post #: 11108357
    Jetson5, you appeared to "correct" me with "... but the hedging is 60,000oz silver per month at $29.6." when I quoted directly from CCU's September quarterly.

    From the CCU September quarterly:

    "The Company has 1.8Mozs of silver hedging in place at an average price of A$29.60/oz maturing in 10 quarterly instalments."

    The above works out at 180,000 per quarter.
    CCU Price at posting: 34.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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