Any bank financing will likely include obligatory hedging, as the banks make good money from it.
Personally, I'm anti hedging, it's the graveyard of a number of companies and invariably only the banks make money from it. I invest in resource companies for the leverage to metal prices. If a resource project needs to hedge, then it's profit margin is too skinny.
AMI Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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