But isnt this current qtr hedged, were missing these high prices, possibly why it was hard to hold the 5c mark.
They should announce and do a hedge at current prices for the 2nd qtr and more if possible, we'll then get marked for an additional $20 profit per tonne, over 5c easily.
I think the hedging stuffed up, backfired. I'm sure they know what their doing I sincerely hope they hedge current prices.
Ann: Half Yearly Accounts and Appendix 4D, page-197
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