It would still be a good move for NST to announce that they have finished with adding gold hedges.
Even a conservative gold investor would predict the gold price doubling in the next four years.
A buy back strategy for the current hedges could also be encouraged. I am sure there are a lot of options, even exchanging the hedges early for gold bullion at the spot prices, at the early close out time.
Some options here..
https://www.investopedia.com/terms/d/de-hedge.asp
Capricorn's approach
https://capmetals.com.au/wp-content/uploads/2023/06/2023.06.26-hedge-closure.pdf
And on another note, how to reduce labour costs through BHP's nickel woes
https://www.copyright link/companies/mining/gold-miner-northern-star-sees-silver-lining-in-bhp-nickel-woes-20240725-p5jwha
Ann: June 2024 Quarterly Activities Report, page-16
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