Can anyone explain to me how we reduced our hedge amount by 17,897oz while only selling 11,769oz in december qtr.
Our future hedge price also reduced $3/oz. Did we buy on market ~6,000oz to satisfy the hedge at a 1.7m loss.
Remaining hedges average at 11,305oz/qtr
Need a strong gold price while hitting upper guidance and lower costs! Need a strong drink after todays forecasts.
Holding alot!
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