At the current gold price, now would be a very good time to do some hedging and secure some very nice gold price sales for the operation into the future. We are not talking about hedging at silly levels that involve risk.
Well-managed unhedged gold companies would be doing some hedging right now.
This is even more relevant to OBM as their cost of production has been high.
Ann: Ora Banda Launches up to $20M Equity Raising, page-151
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Last
63.0¢ |
Change
0.015(2.44%) |
Mkt cap ! $1.174B | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 63.5¢ | 61.0¢ | $3.735M | 6.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2796 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 66007 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| OBM (ASX) Chart |