I think one way of assessing how their current hedging program is likely to succeed is looking how they they did before. Not least because it is consistent. As far as I'm concerned they did o.k. with the hedging previously so they should get the same benefit of the risk/ reward profile again.
What they do need to do is get on with the main game of the DZP and stop relying on the gold project to fund it. We don't need the tail to wag the elephant.
Ann: TGO Executes Gold Hedge for Working Capital Facility-ALK.AX, page-9
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 39.5¢ | $217.3K | 543.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8800 | 40.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 140277 | 5 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ALK (ASX) Chart |