“Full year gold production of 372,870oz at an AISC of $1,373/oz”
“As at 30 June 2021, the Company had 320,000oz hedged at $1,571/oz with a delivery schedule of 25,000oz per quarter for the next two years to 30 June 2023 and then 30,000oz per quarter for 1 year to 28 June 2024”
Wow is this the worst hedge in recent history – by my calculations that is going to cost them 265M at the current gold price
Ann: Quarterly Activities Report, page-14
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