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hedging amount and price

  1. Hiepn2_2005
    1,749 Posts.
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    26/10/08
    20:55
    Post #: 4431304
    For those interested, from page 60 of the 2007 annual report:

    Copper put options:
    2008 2009 2010 2011
    tonnes hedged: 12,270 26,770 24,400 5000
    ave price /tonne $6619 $6169 $5673 $5364
    ave price /lb $3 $2.80 $2.57 $2.43

    Copper forwards:
    tonnes 27,055 33,080 8,280
    ave price /tonne $6075 $5663 $5367
    average price /lb $2.76 $2.57 $2.43


    EQN Price at posting: $1.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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