GREY:VITFF - Post by User
Comment by
Greatdaysaheadon May 12, 2023 9:13am
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Post# 35445067
RE:RE:RE:RE:RE:RE:RE:RE:AGM Meeting Minutes
RE:RE:RE:RE:RE:RE:RE:RE:AGM Meeting Minutes What I know is that they added some fwd sales (see point 13 in FS)
40500 oz sold @ 1887 USD / 4500/month
7500 oz sold @ 1982 UDS / 2500 months Jan to March 2024
As at March 31, 2023, the Company has gold forward contracts for a total of 48,000 ounces of gold at a weighted average price of US$1,902 per ounce with expiry dates ranging from April 2023 through to March 2024.
7.3M CAD los booked based on spot at 1970 USD and CAD 1.3533 (I am unable to find how they calculate this for the gold forwards !!!)