CTL cleantech lithium plc

Should CTL hedge?

  1. 8,839 Posts.
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    St Barbara just announced:

    "A total of 50,000 ounces of forward gold contracts are to be delivered in monthly instalments from July 2017 to June 2018 at a forward price of A$1,730 per ounce"

    Now A1730/oz (assuming production is now steady state or close thereto) is a good price.....for a long time i was focusing on A1550- A1600 an ounce."

    AUD 1730 is a pretty sweet price imo....

    Thoughts?
 
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