What do people think - reads okay to me.
Fixed forward sales 46,335 oz @ $608
Sold call options 10,000 oz @ $630
Hedge book will be depleted by May 2006
No plans to put further hedging in place
Cash costs in the month of September were at planned levels of $380/oz.
CY 06 targets Stawell Gold Mine: 130,000oz gold production @ < $380/oz cash costs.
80.7 mil shares
Managing Director 502,362 shares
-- including 11,404 @ 74c on 101105
and 3,596 @ 74c on 111105
Top 5 shareholders: (Sept 05)
Lion Selection Group 16.5%
Merrill Lynch 10.7%
Acorn Capital 6.3%
AuSelect 5.0%
Mathews Capital 3.1
LVR
leviathan resources limited
What do people think - reads okay to me.Fixed forward sales...
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