hedging I suggest reading Grange coverage Sept 26 available on LAF's website.
As mentioned before, 151,112oz of gold are hedged at USD409 until Dec 2008.
Copper and Zinc have exposure to upside in the first year of production thru puts, and thereafter delivery into contracts totalling 17,235t Cu at US1,935/t and 22,525t Zn at USD959.26tn zinc.
This compares to current prices of Cu US4600tn and Zn US1807tn
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