seems like you proved my point not to bother with you but here I am as now it is really funny...
"..and the finance agreement requires them to hedge at $1800 for 100,000 oz PA until early/1H of 2026." - you are wording implies to hedge at $1800 for 100k oz p/a.
"So how do you conclude that there will still be "plenty to be sold on the spot market"?" - and you further argue there is nothing left to sell on the spot market which makes same assumptions that ALK hedged 100% of their 100k Oz production and there is no room to sell on the spot market.
And even though I posted ALK's hedge-book that clearly shows there are no hedges for all of ALK's yearly production, you still continue with your moronic argument that there is not spare capacity to sell on the spot market.
try to read and learn instead of arguing about things you clearly are ill equipped to discuss.
seems like you proved my point not to bother with you but here I...
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $346.9M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 60.0¢ | 57.5¢ | $885.8K | 1.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42014 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 70916 | 29 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
57.5¢ |
Change
0.000 ( 0.38 %) |
||||
| Open | High | Low | Volume | ||
| 58.5¢ | 60.0¢ | 57.5¢ | 309515 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| ALK (ASX) Chart |