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Ich habe mir nochmal den Prospectus vom Juni diesen Jahres zu Rate gezogen.... Eine Frage bleibt aber noch: Hat Oceana nun gehedgt, oder nicht? siehe: http://www.oceanagold.com.au/images/stories/Final%20Prospect… (Seite 51) HEDGING ACTIVITIES The following discusses the Company’s hedging activities for its New Zealand projects. At the Didipio Gold-Copper Project, no gold hedging arrangements have been implemented and the Company has no current intention of entering into such arrangements. As at December 31, 2006, Oceana Gold had forward gold sales contracts over 374,037 ounces between 2007 and 2010 with an average contract price of NZ$773 (approximately US$545) per ounce. This represents approximately 28% of forecast gold production from all projects between 2007 and 2010. In 2006, a series of put options were purchased to provide an average floor sale price of NZ$1,000 (approximately US$705) per ounce for 320,769 ounces to be produced from the Globe Progress project between 2007 and 2010. This was financed by the sale of call options which provide a cap of NZ$1,062 (approximately US$749) on the average sale price of 104,024 ounces to be produced from the Globe Progress mine in 2010. Under Canadian GAAP, changes in the fair value of the hedge book must be brought to account. The fair value of the hedge book represents the difference between the current market gold price and the present value of the contract prices. The significant rise in the market gold price since the hedge contracts were put in place, has resulted in a mark to market net liability of approximately US$63.4 million on the forward sales contracts and a mark to market net asset of approximately US$4.1 million in relation to the put and call options as at December 31, 2006. Oceana has no exposure to “leveraged” hedging instruments or margin call covenants. The Company has no current intention of committing additional gold ounces from its New Zealand operations to the hedge book. These will be reviewed by the Board of Directors of Oceana from time to time as appropriate. Danke für die Hilfe. |
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| aus der Diskussion: | Oceanagold - verwirrende Zusammenlegung |
| Autor (Datum des Eintrages): | Eubulos (08.11.07 12:52:21) |
| Beitrag: | 29 von 35 (ID:32339482) |
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