As i type, gold is at 1365 and has broken the 1350 resistance that it has tested many times.
http://www.cmegroup.com/trading/metals/precious/gold.html
The above link shows the futures contracts for gold delivery for June 2015 to be 1370$ and over 1428$ for june 2018.
In the event of MSR getting a hedge deal settled, we are likely to secure a favorable hedge between 1370-1400$ (As gold is likely to be delivered over several years throughout mine life).
For those who don't know what i am talking about below is the link to MSR's Bankable Feasibility Study. Page 20.
http://hotcopper.com.au/announcements.asp?id=619678
I seriously do not understand why MSR is still below 50m market cap. You would think that with government support and low forecasted cash costs (backed by a BFS and not just management forecasts) this would have been over 10c. Oh wells... our time will come.
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $157.1M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.5¢ | $26.36K | 125.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 51371 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 51371 | 0.205 |
5 | 402505 | 0.200 |
3 | 513219 | 0.195 |
3 | 378971 | 0.190 |
1 | 53000 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 100000 | 1 |
0.220 | 123766 | 2 |
0.225 | 41111 | 2 |
0.230 | 189514 | 4 |
0.235 | 100500 | 3 |
Last trade - 14.29pm 11/07/2024 (20 minute delay) ? |
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