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You could be right mate. I just assumed that the lender sets the...

  1. Jonnyash
    1,300 Posts.
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    22/04/23
    14:30
    Post #: 67409401
    You could be right mate. I just assumed that the lender sets the hedge and holds it. If the hedge is in the futures market, what happens if the miner fails to produce ounces for delivery into the hedge on time, who buys ounces at spot to make up the shortfall?
    CAI Price at posting: 22.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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