Mikee - The hedging figures you cite don't reconcile with the hedging figures in Lihirs 3 Qtr report dated 28 Oct o4.
On p.4 of the report it states "hedging committments represent less than 10% of reserves and 4.5% of resources". There is also table which shows foward hedging out to 2010 of 1,698,046 oz. That doesn't concure with your hedging figure of 2m 0z pa.
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Mikee - The hedging figures you cite don't reconcile with the...
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