OGC oceanagold corporation

miningnut - new hedges, page-4

  1. 9,111 Posts.
    lightbulb Created with Sketch. 908

    The current debt and apparently the ongoing hedgeing strategy (both gold and costs) are related. OGC management rightly so, are putting these hedges in place to lower the risk of the debt to ensure profitability above 100% leverege to the gold price. The debt and hedges could be paid out via cash flow and/or capital injection in time.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.