xmanrocks
I am astonished that you think I should know all about hedging!
Since you are obviously expert could you please answer my questions (it should be very easy in hindsight)
I appreciate you comments. Thanks
- So in October 2014 Tap should have hedged production at 80/90 USD?
- For what contract term and how many barrels?
- I am vaguely aware of the futures market but I assume Tap could have sold those Puts if there was a lengthy delay in start up.
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- ASX - By Stock
- TAP
- Ann: Strategic Review
Ann: Strategic Review, page-32
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