Hedging is always an interesting topic, and requires the crystal balls of both the seller and whoever is offering the hedge to be aligned. AUQ has a 100% offtake agreement with Trafigura at the LME Spot Copper price on the day it ships, AUQ shareholders are happy with that deal. Am a little surprised that the shipments are going to China seeing as the mine is in Oman and that means sailing straight past India - but Trafigura are obviously directing it where the demand is.
Hedging is always an interesting topic, and requires the crystal...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
