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Cardinal Resources Limited. CRDNF

Metals & Mining Industrial Metals & Minerals
Cardinal Resources Limited is an African gold-focused exploration and development company which holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini project.


GREY:CRDNF - Post by User

Cardinal Resources Limited. > Gold forward sales with no conditions
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Comment by lumpy13on May 08, 2020 11:45am
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Post# 31003408

RE:Gold forward sales with no conditions

RE:Gold forward sales with no conditionsUnless, I'm missing something, Hudbay is receiving $1,438/oz.  ($115m / 79,954).
I guess you'd say the difference is the interest cost  of around 7.5%pa
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