For anyone following the details behind the recent Nickel price surge and resulting suspension of Nickel trading on LME.
As per Panoramic Resources Limited - Interim financial report released 24 Feb 2022
Hedging
' At the end of the half-year there were no other hedges in place. '
This is important as it means that Panoramic Resources Limited are unhedged to take advantage of increased nickel price in April's shipment as well as not getting caught up in any margin calls or unexpected costs.
