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1.52% 6.7¢ hillgrove resources limited

Hey VYR, I would be interested in your thoughts.Currently copper...

  1. ducky1982
    599 Posts.
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    21/06/24
    11:56
    Post #: 74423507
    Hey VYR, I would be interested in your thoughts.

    Currently copper / currency prices are such that it adds an extra $161 million in revenue to the current mine plan.

    Questions
    1. is it worth hedging some of the sales
    2. what are the costs involved with hedging.


    If we hedge now before an expected (significant) increase in resource, wouldn’t this be a prudent thing given we will have more copper to sell to the spot market should copper / hedging prices be more favourable at the relevant time.
    HGO Price at posting: 6.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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