If they're 'missing out' on maybe $500m (some have been delivered in Q1, Q2, Q3 already, so not $590m), then that means future profits have similarly risen by $1b, since the hedging is for 1/3 of production. Well, maybe not quite $1b, because of fixed expenses. But maybe $500m : $800m.
BGL Price at posting:
$1.15 Sentiment: Buy Disclosure: Held
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