Astro.... the hedges are $80M in the money.... i.e. they could close out the hedges today for $80M in cash. Miners rarely do this, because it secures long term prices... and allows safety in low prices (but they are def worth something)...
Tss.... I've only held for a week... lol... but I have watched PEM for over 2 years, and been in and out over that time. Last time I sold out at about $1.20 for a Day Trade.
Most stocks are getting hammered, but stocks trading at less than 1/2 NTA are an outstanding buy.... this is one of them IMHO.
cash 136m value 96m, page-8
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