SP
Agree we need to see nameplate capacity and recovery achieved over sustained period. EXpect it will happen and given track record to date they will exceed nameplate capacity. You have banged on about the hedging before and your disbelief at why they took 1250. Well it was the deal going at the time and made good commercial sense. If in doubt go and ask the management at Saracen why they also hedged at similar levels to get their project going. For Pru this will wash its self out in quick time and will probably be somebody elses problem within 12 months.
1st gold within a week, page-4
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