KCN 0.33% $1.51 kingsgate consolidated limited.

Agree !.. It was a lousy timing for hedging...They only hedged...

  1. 9,580 Posts.
    lightbulb Created with Sketch. 310
    Agree !.. It was a lousy timing for hedging...They only hedged 1/4 of 2014 production so it not too bad I guess.


    "The fact is KCN have committed to deliver 50,000 ounces of their gold production at just A$1435. With gold at A$1450 that's already $750,000 out the money. "
 
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