I agree. In saying that, it's likely a requirement for their credit facility to have a hedgebook. It's forecasted that 24% of production the next three years will be hedge sales @ $2030. If prices go higher than this, 76% will still be sold above this, so it's not all doom and gloom. Allows for semi-predictable revenues, which is nice.
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I agree. In saying that, it's likely a requirement for their...
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