Once this court case is resolved, the next important date is January 31. That is the latest date we are expecting Macquarie to formalise the debt facility and that will give Kentor management/board the green light to hedge the by-product copper. I would be very surprised if they did not hedge at $4.40/lb and "lock in" $72M per annum revenue from a by-product. Gold is the main game and I'd be hoping they take advantage of the record copper price and selling some copper put options.
Once this court case is resolved, the next important date is...
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