LHG unknown

lhg /hedge books a dirty word.., page-9

  1. Max Drawdown
    59 Posts.
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    31/08/04
    10:14
    Post #: 564136
    Totally agree. Both LHG and NCM appear very risky. NCM has hedging commitments of 7.47 m oz and is depending on Telfer going smoothly to deliver. LHG has 2.01 m oz hedged, mostly forward sales at US$325-339. It has one mine, which sits on an active volcano.
    LHG Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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