putting a hedge in place at $1.20 is a great move by BoD.
unless anyone has an alternative view, I see no impact on production per se, it's the margin it affects, and this can only have a positive impact on margin especially considering $1.20 is the floor - they get the benefit of the upside as well.
looking forward to the quarterly, hopefully at the end of the week
Ann: NCZ DELIVERS MILESTONE 500,000TH TONNE OF ZINC CONCENTRATE, page-3
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