BPT 0.32% $1.56 beach energy limited

what does the $50 barrell hedging mean, page-6

  1. 409 Posts.
    lightbulb Created with Sketch. 20
    Agreed Auto, it might also be a covenant on the $300 million lending facility they have recently put in place. I've seen that elsewhere, where the bank wants some insurance on the money it's lending.
 
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