Good on them for stepping away from the ridiculous hedging demands of the lender. In part, this is what has OEL in a rut at the moment !!! Apologies for this question as I'm sure it's already been highlighted previously (and I'm being lazy), yet what % of OEL's total production is presently being hedged? E.
p.s. I keep wondering whether a merger between BYE and OEL would be a sensible way to go moving forward from here - would certainly a good excuse to get rid of some top-heavy management as well ????
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Good on them for stepping away from the ridiculous hedging...
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