Can someone explain how Hedging works.
Does that mean company can deliver/sell 126,835 ounces of gold anytime between March 2023 to September 2025 ?
OR
A Fixed quantity of gold has to be delivered each quarter/month between March2023 - September 2025 ( 30 Months ) ?
i.e. (126,835 / 30 = 4227 Ounces per month )
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