It's about managing through a crisis. SSN can sell 39,791 barells at $92.61 during 2015.
If it were me, I'd use hedge Feb, Mar, April (39 000 x $92.61), in hope of a price recovery 2nd qtr, and by which time we could see many once in a life time opportunities present themselves, for the ones still standing.
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- Ann: Operational Advisory and Notice of Expired Options
Ann: Operational Advisory and Notice of Expired Options, page-8
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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