NST 2.82% $15.32 northern star resources ltd

Hedging is undertaken as cash flow protection, risk management...

  1. 1,723 Posts.
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    Hedging is undertaken as cash flow protection, risk management or insurance. It is not designed for profit optimisation.

    l am also grossly overweight NST and given all the risks presently visible in this world, do not mind a component of future production underpinned by guaranteed profits from forward sales.

    SVB could have done with some of this, no?

    I am no longer a buyer at current high price, but happy to hold for the next part of the cycle.

    GLTASH
 
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