Clacoste - couldn't agree more. The danger is WEZ get tied down with far too much forward hedging in order to satisfy financiers and we loose all our upside.
Management have a good track record of sound financial management - so hopefully they are able to negotiate favorable outcomes, however right now we are in danger of either hedging restraints or down time waiting for better conditions.
Good news is - several major analysts predicting the aussi dollar will trend down towards the end of this year.
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WEZ
westonia mines limited
Clacoste - couldn't agree more. The danger is WEZ get tied down...
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STRATEGIC ENERGY RESOURCES LIMITED
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