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Does anybody have any thoughts on the adjustment to the hedging...

  1. Photis
    133 Posts.
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    18/09/17
    22:08
    Post #: 27301407
    Does anybody have any thoughts on the adjustment to the hedging schedule?
    Have I interpreted the announcement correctly that there will be no hedging until October and then even out the profile until March 19?
    I have taken this to mean no hedging for this Sept Qtr and then 6,000 per quarter or thereabouts to cater for the 35,500 ounces outstanding.

    I hope RIM have not being buying up over the last few days.
    TRY Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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