SAR 0.00% $4.69 saracen mineral holdings limited

SAR Chart Thread - The Crescendo Is Near, page-22

  1. 6 Posts.
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    Looking at the quarterly presentation, the next 4 quarters for example, they've hedged lets say around 50% of the forecast gold production (260k oz) @ $1975 / oz, with the remaining 50% then sold at spot price. At $2600 / oz, they'd be looking at $2287 / oz produced which isn't bad.

    https://hotcopper.com.au/data/attachments/2142/2142533-46deeb0cc50eaeb270699f7227b50a0b.jpg
 
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