the hedging is not the best but did not want the creditors the...

the hedging is not the best but did not want the creditors the hedging at these levels so they could be sure they would get their money back? is it right? further opinions?

Of the approximately 75,000 ounces a year 34,000 ounces are hedged (incl. June Quarter - look at the link below). Average price is 1,216.87 US Dollar for the 34.000 ounces. Almost the current price of gold.

https://assets.wallstreet-online.de...742-3301efd7-ea0a-4a1b-a116-9e1bc5810d15.jpeg

From the report
„The AISC for the June quarter is considered to be more representative of expected costs going forward.“

if the future AISC cost is about US $ 900 then Troy currently has a fine margin of over US $ 320 per ounce for the remaining 40,000 ounces and so on...