re: mbg- a gamble
Alpha, not sure, didnt really bother too look because:
1/ Its not really a hedge, ie they can sell at the higher spot price if they want
2/ The tin price is well above the floor price and unlikely to go that low again for the next few years...its on a firm uptrend
But if i find out, will post, im pretty sure its a bit longer as they havent been in production all that long. FYI the currency hedge (which is WAY more important) is till Nov 2005 and effectively covers them for half their revenue...with the hedging taken out at 55c...ie they can buy AUD for 55c with their USD rather than current 65c...which is a big plus...
As for charting, id probably take a look at the TIN chart...its very revealing...can be viewed at www.lme.com (just go into the data and prices section). Its currently at 4800 i just realised and looks like breaking 5000 very soon. Of course you have to wonder why MUR and MBG arent going up while the tin price is going up, a bit of a worry.
