VRE 0.00% 2.0¢ view resources ltd

how long before, page-4

  1. 2,432 Posts.
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    I have read lots of coments on HC saying how clever management are for clearing their hedging. However their hedging was at $900/oz whereas current price is about $840/oz. They had to clear hedging because they couldn't deliver their commitments not beacasue they are clever.

    How long does it take to get some short term finance? The longer it takes indicates it is more likely they are having problems convincing banks they are worth some extra loans. Banks will want all the details about their problems and proof they are able to correct the issues.

    Its just my opinoin but I don't think everything is as good as some want to think and the longer it takes the more worried I become.
 
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