Yes the hedge is not the best, but the project wouldn't have gone ahead without it,
I do see funding struggles happening ATM with other projects, in the market its quite risky to lend money with all the stuff happening all around the world.
if you have cash in the bank ATM it's a big positive and from what I can see SLR are making money from there projects,
I wouldn't purchase SLR myself, but ATM it's the deal Red5 want to do. I don't like it myself
Ann: Red 5 and Silver Lake Resources to Merge, page-155
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