Robo,
Thanks for the post. You were probably referring to the ASX ann 24/9 section quoted below also confirms CRS is leveraged to price of gold. Recent hedge took into account strength of the $A.
"Croesus Managing Director Mike Ivey said the Company has a positive view on the gold price
and remains leveraged to any price change with an intention to delivery approximately 75% of
production into spot.
“We believe that a prudent amount of gold hedging is to the benefit of the Company and our
shareholders,” said Mr Ivey.
“We remain highly exposed and leveraged to the Australian dollar gold price and chose the
current strength in the Australian dollar gold price to protect our revenue base.”
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could scoot away very quickly, page-4
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Last
2.2¢ |
Change
0.004(22.2%) |
Mkt cap ! $9.500M |
Open | High | Low | Value | Volume |
2.0¢ | 2.5¢ | 1.9¢ | $65.45K | 3.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 750000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 0.160 |
1 | 50000 | 0.150 |
1 | 29722 | 0.145 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 45000 | 3 |
0.180 | 15000 | 1 |
0.190 | 25000 | 1 |
0.215 | 75000 | 1 |
0.225 | 50000 | 1 |
Last trade - 12.20pm 03/12/2024 (20 minute delay) ? |
CRS (ASX) Chart |