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0.00% $4.69 saracen mineral holdings limited

Looks like 254,700oz are hedged from FY21 production guidance of...

  1. dalglishk
    151 Posts.
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    02/08/20
    12:38
    Post #: 46245594
    Looks like 254,700oz are hedged from FY21 production guidance of +600,000oz so i wouldn't say gold price rises don't mean alot. Hedging decreases in FY22 to 190500oz and then 48000oz in FY23.

    From the quarterly -

    At 30 June 2020, the hedge book comprised 493,200oz at an average delivery price of A$2,094/oz.
    SAR Price at posting: $6.00 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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