That makes sense because the hedge only covers half of production.
My understanding is that at current spot levels around USD$100/t for half of production and the other half at hedge values, the bottom line is neutral. But if the spot half goes lower, then it isn't worthwhile continuing even with the hedge half.
LYN has the same MC with about 60% of CUF cash on hand and no other projects like CUF has.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
That makes sense because the hedge only covers half of...
-
-
- There are more pages in this discussion • 138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUF (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.69M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $462 | 57.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5223299 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 629520 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5223299 | 0.007 |
11 | 3160334 | 0.006 |
7 | 3550000 | 0.005 |
2 | 1880000 | 0.004 |
3 | 4500000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 629520 | 5 |
0.010 | 3021667 | 4 |
0.011 | 2576202 | 3 |
0.012 | 1327638 | 3 |
0.013 | 2105476 | 3 |
Last trade - 10.48am 09/10/2024 (20 minute delay) ? |
Featured News
CUF (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online