Agree. This could go KABOOM at any time imo.
Are you against hedging in general or specific to KAB? Most companies use it successfully with many commodities like gold and oil.
People were very harsh on your calculations. At least you tried. One thing you didn't take into account is the purity. Our ore is actually a premium product.
I sleep easy knowing Jason is at the helm and buying on market on numerous ocassions. If you ever get a chance to go to a KAB presentation or Zambia, it will be well worth your effort.
If you are still struggling conceptually then people on HC are generally helpful. Though all the talk of dilution earlier was better suited in the general thread as it wasn't stock specific and Santoo was less advanced than I'd realised. From my understanding he is TA but struggles with FA. I'm sure he could teach me a thing or two about TA.
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