I still think this is good value.
But can anyone here explain the logic behind the 3.8m debt facility with Nordea when DRA have plenty of cash on hand. Anyone?? Anyone?
The resulting hedge of 30k au at 1055 euro seems nothing short of madness to me in the current environment and really just leaves me shaking my head in disgust and confusion.
Ann: Quarterly Activities Report , page-12
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