I don't mind that hedging at that price for the production from Challenger, about $100US about current gold prices and gives a guaranteed margin against cost for most of the production from challenger this year. So it's about a 1/4 of expected total production this year hedged, I think this call is one that will at least give me a little confidence that they shouldn't lose money at Challenger this year at least.
kcn considering hedging..., page-33
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Last
$1.34 |
Change
0.013(0.94%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.34 | $1.34 | $1.9K | 1.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 9360 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 32081 | 5 |
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| Last trade - 10.35am 10/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |