CRS 0.00% 2.7¢ caprice resources ltd

loooking, loooking...., page-9

  1. 2,572 Posts.
    re: loooking, loooking.worrisome... Surely a hedge book being "under water" is only a problem if the physical can't be delivered. Beyond that it is really only a discounted sale ie lost profit. As long as the production cost is less than the hedge price they are still making money
 
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