NCZ 0.00% $1.10 new century resources limited

Why would the they hedge at a price below their operating costs?...

  1. 48 Posts.
    lightbulb Created with Sketch. 23
    Why would the they hedge at a price below their operating costs? These guys are so frustrating. I'm quietly hopeful they'll turn it around but that could just be because i want to recoup my losses.

    Thanks for your analysis, it's really helpful and also generous of you to share.
 
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