This hedge. Is it really that bad?
I was needed otherwise the project wouldn't have got of the ground.
I do read, people stating, once this merge happens they will buy out the hedge.
why?
Wouldn't it be smarter to keep your cash and just supply the ounces as agreed? Yes you will not make as much profit on each ounce at that time. But either way the finance people are going to get there money.
