I rang AIM re hedging and they said it was still under negotiation.
I would encourage, those how don’t want hedging to email the company now.
I would say that, with J. P.Morgan as a major share holder it is defiantly on the cards.
A little African country is a prim target to take advantage of. i.e. sell the Zinc at a low fixed price and a Middle man takes the massive profit while the country with the resources gets Sc*ewed. Then after a while the, government nationalizes the company because they get so pis#ed off with making no tax money while the resource market booms around them.
It has happened time and time again, make you protests now.
They don’t need to hedge this project, it will payback in less than one year.
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Open | High | Low | Value | Volume |
75.0¢ | 76.5¢ | 73.0¢ | $149.8K | 200.2K |
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No. | Vol. | Price($) |
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1 | 16235 | 0.730 |
1 | 1300 | 0.720 |
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4 | 107166 | 0.700 |
Price($) | Vol. | No. |
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0.750 | 12999 | 2 |
0.760 | 6668 | 1 |
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