Not sure what the mechanics are but, the way I read the last Q report, we have hedged 27,000 oz of gold with MKS over this Q and the next for an average price of A$1,723 per oz. That’s 4,500 oz a month or a little over half of our production. Should help reduce the risk of a tanking PoG, at least in the short term. As it is turning out, a very prudent move by management.
Not sure what the mechanics are but, the way I read the last Q...
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