Gold Sales Going Forward.
sell 1st month per 1/4 @spot price if higher than hedge price. add a couple of million to the coffers
Adjust ratio to suit.
best case at upper guidance
6000 ounces @ $2750 = $16,500,000
6000 ounces @ $2377 = $14,262,000 TOTAL PER 1/4 = $45,024,000 GOLD SALES
6000 ounces @ $2377 = $14,262,000
potential 45-47mil per quarter gold sales @ upper guidance.
does this add up?
CAI - General Chat, page-636
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