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1.52% 6.7¢ hillgrove resources limited

hgo hedging

  1. nooks
    1,431 Posts.
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    13/03/14
    17:20
    Post #: 13122793
    Anyone else see the positive comment in today's AFR (bottom of page25 in the Companies and Markets section) which reminds that HGO has "locked in 90% of its production over the next 6 months on hedges that are well in the money at current prices".

    From memory it was a requirement from the banks, but it's nice to have things work out in HGO shareholder's favour for a change...
    HGO Price at posting: 8.9¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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