hmmmm...gold down and currently trading around 2,686 AUD @ 11:40pm. so the hedging seems to be a good move.
but then, what would I know as there are experts in this forum who know it all...
I also really hope that no dividends is paid and the funds used to grow the company and extend LOM for long term holders and not day traders.
Ann: Beacon Enters into Forward Gold Sales at $2,715 per Ounce, page-80
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