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Can someone explain how Hedging works.Does that mean company can...

  1. Capsicum50
    20 Posts.
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    29/01/23
    16:02
    Post #: 65933050
    Can someone explain how Hedging works.

    https://hotcopper.com.au/data/attachments/5006/5006557-946b982d2fda68002687629b52829466.jpg

    Does that mean company can deliver/sell 126,835 ounces of gold anytime between March 2023 to September 2025 ?

    OR

    A Fixed quantity of gold has to be delivered each quarter/month between March2023 - September 2025 ( 30 Months ) ?
    i.e. (126,835 / 30 = 4227 Ounces per month )

    CAI Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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