PRU 0.35% $2.84 perseus mining limited

why hedge ? these guys are a high margin producer , so do not...

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  1. 34,269 Posts.
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    why hedge ?
    these guys are a high margin producer , so do not need to guarantee POG unlike low margin producers who need that to guarantee they survive

    "Basic earnings per share of 31.27 cents per share (up 67%) 2'

    share price $1.87/31 = PE 6 - I am happy to keep holding this ,
 
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