RE: Put options @ $4,20010 Jun 2026 12:34
“ Resources (ASX/AIM: GGP) holds a strategic gold put option portfolio designed to provide downside price protection for its operations. The company holds gold put options at A$3,905/oz for CY25 and A$4,200/oz for CY26, allowing them full upside exposure to the gold spot price while mitigating market risk.”
I have Bullion by post live gold atm showing $4166. Working on that price now the put option covers it.