EVG
Click for more information
8.82% 3.1¢ evion group nl

forward sales

  1. dspike
    25 Posts.
    clock Created with Sketch.
    24/08/11
    14:16
    Post #: 8866380
    I see that under the terms of its financing agreement, EVG has been required to forward sale 126,000 oz at $1,355. With recent increases on POG this looks less attractive by the day. Does anyone understand how the forward sale arrangement work? In particular, would this normally apply to the first 126,000oz of gold sales or could EVG sell some initial production at spot price and delay the forward sales?
    EVG Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add EVG (ASX) to my watchlist
(20min delay)
Last
3.1¢ 		Change
-0.003(8.82%) 		Mkt cap ! $7.980M
Open High Low Value Volume
3.1¢ 3.1¢ 3.0¢ $9.085K 299.9K

Buyers (Bids)

No. Vol. Price($)
2 100000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 147071 2
Last trade - 15.31pm 27/11/2024 (20 minute delay) ?
EVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.