ALK 2.30% 44.5¢ alkane resources limited

Spot on Sunderlandtech,The hedge was structured on the not...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,625 Posts.
    lightbulb Created with Sketch. 253
    Spot on Sunderlandtech,

    The hedge was structured on the not uncommon (unequal) pro rata monthly basis spread (unequally) over its term, intended to leave much available for sale at spot each month, ie any monthly production above the relevant (unequal) pro rata monthly amount.

    Better for ALK than providing a royalty or having an all gold (until the hedge quantum is met) contract. It did okay.

    GLTA.
 
watchlist Created with Sketch. Add ALK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.