WDR 0.00% 14.5¢ western desert resources limited

hedge losses and liabilities, page-6

  1. 4,669 Posts.
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    Agree -further opaque disclosure. The hedging could be linked to MQG's project finance (that's where they mitigate risk and make the real money) with cash settlements probably arising from their failure to deliver ore into forward contracts. Unless the weather improves quickly, this will continue to impact WDR's working capital position.
 
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