I would have thought potential T/O partners would understand hedging and the need for it. I do.
For instance, RRL were clear that whilst they had a large hedge book to underpin production costs in expansions like Tropicana. The amount of hedge was cognisant of the 2m oz at McPhillimys in the wings. Their financiers for the development certainly will. Although I understand there is a shortage of personnel in that sector of the industry (as well) in Aust.
All IMVHO
McPhillamys, page-84
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Last
$1.92 |
Change
-0.035(1.79%) |
Mkt cap ! $1.450B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.93 | $1.89 | $9.807M | 5.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57721 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 49074 | 4 |
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| RRL (ASX) Chart |