read ann dated 13/11/2013
The Company had 60,000oz per month for 15 months from January 2014, for a total of 900,000oz, at
an average sold forward price of A$23.75. The average sold forward price was comparable to the silver price at
the time the positions were c
losed out and so the positions were closed out at nil cost.
The Company has a remaining hedging position of 95,000oz at A$29/oz hedge
Maybe im reading it wrong but reads to me sold forward price of a$23.75
have a read
cheers.
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