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clock Created with Sketch. 31/10/18
08:25
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Originally posted by glendronach
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One or two of you are posting crap and need to learn some of the basics behind the art of comprehension. Like this crap that hedging is assumed closed out at $200 out of the money. Just READ the quarterly. Don't assume. It says hedging is extant at $1606. So current spot gold price is >$1700 - so Davishite when you subtract $1600 from $1700 what do you get? No "rough guesses" needed. Do you know why they hedged at $1600 ave? Because of the bank loan of course - they were obliged to take what they could get at the time.
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I agree a good quarter but didn't expect the rise in AISC. That they have maintained their forecast means we can expect good things for the rest of the year. In regard to not generating anything:
