1q09 results, page-11

ogc has significant hedging at the moment so its profits are small or insignificant however the hedging runs out sonn ---inside 18 months----at which point it will begin making significant profits ---the recent resource upgrade was significant in that it ensured (extended) the minelife post the end of hedging .it also owns the didipio? mine which is yet to start up and is on mainenance ---once hedging finishes im sure profits will be used to take didipio off c and m---we will then have a multiresource unhedged miner ---yahoo