Around 10,000t of copper sold forward at an average price of A$13800/t. I have no problem with this as it secures their revenue for a while. While the outlook for copper looks good things can change real quick.
They are now fully staffed. Can now get on with development and stopes. A small number of positions still need to be filled due to resignations or people not fitting in after the trial period. The company made the point that there was little turnover of staff which results in less training and recruitment expense.
HGO Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
