Ann: NGF Agrees to Settle Hedge Litigation with L, page-2

re: Ann: NGF Agrees to Settle Hedge Litigatio... I see this as a compromise by both parties.

For NGF it's a good outcome: 280koz hedged at AUD$875. If we average AUD$1400 then the net dollar amount is AUD$147m.

So paying AUD$107 to remove the hedge and importantly the uncertainty is a positive outcome.

I might get back in depending on NGF share price.