IGR
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0.00% 50.0¢ integra mining limited

no news is good news, page-6

  1. marsup
    750 Posts.
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    26/05/11
    16:35
    Post #: 8456771
    As I understand it IGR can chose as to weather they deliver against the hedge batch by batch or sell at spot.

    With US$ now around 1.05 we would get about A$75 more per oz delivering into spot market today.

    Of course they do have to deliver all hedged quantity but I thought it was over longer than 12 months as suggested.
    IGR Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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