Hi,
Just had a look at their September quarterly, the gold hedging at that time was for 5.8 Moz gold and had a mark to market value of AUD$ -910 million.
So with the gold price rising about 10% since one would assume that it would be close to 1 billion in the red by now, not a good thing for a company with a high debt.
Further production and commissioning problems at Telfer would put further strain on the balance sheet, I would be cautious with this one...
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