Jez, i’d prefer we didn't get into any sort of hedging. In my professional life I have seen hedges go south more times than they have worked as intended, especially in mining companies. They are highly complicated instruments that are always initially seen as being simpler than they actually are.
Stick to doing what we're good at IE digging stuff out of the ground, not playing currency markets.
That said, here’s hoping it all works out.
Forward cover of exchange, page-3
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Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $243.5M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $459.6K | 11.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1091145 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 672161 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| MMI (ASX) Chart |