Absolutely correct. Andre is a master at managing financial risk. He only hedges enough of the product to ensure he has enough cash to cover his exploration and infrastructure development commitments. One those programs are over he is likely to reduce his hedging ratio's and hopefully we shareholders get a bigger pie to extract dividends out of.
Cheers....D
Ann: QUARTERLY ACTIVITIES REPORT - DECEMBER 2021, page-103
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19.0¢ |
Change
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Mkt cap ! $183.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 6 | 605000 | 18.5¢ |
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|---|---|---|
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