re: emperors hedging ... for ac Dub,
You don't have to wait with SBM as the investors have already spoken.
How much of SBM's debt is the result of producing gold from what appears to be an economically marginal ore?
SBM may get on top of it eventually , and investors may be willing to take a risk at cuurent prices,but there is obviously a present problem.
lrj
emp, page-11
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