AYN 0.00% 0.1¢ alcyone resources ltd

From today's ASX announcement:"HedgingWith the increasing...

  1. 24,765 Posts.
    From today's ASX announcement:

    "Hedging

    With the increasing strength of the Australian dollar silver price, the Company has taken the opportunity to put some further hedging in place to underpin the next 12 months of cash flow.

    Alcyone now has a total of 481,214oz of silver at an average price of A$29.25 hedged through to August 2013."
 
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Currently unlisted public company.

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