gold: spot vs received- research task

  1. 2,218 Posts.
    Is there anyone with too much time on their hands who can troll through the reports of all ASX list gold miners ranging from Newcrest (allowing for FX there!) down to those producing say an average of 50,000 oz plus pa and calculate what their average sale price will be for CY2003 for that part of production that they have committed through forward sales and / or selling puts?

    It will be interesting to see what the apparent 'opportunity cost' of hedging positions will be vs current spot prices.

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