Excellent breakdown of the hedge book situation, I was about to pen something myself but this sums it up very succinctly
I would briefly add that I've been disappointed they haven't added to the hedge book when prices are over $3000k AUD, hedge when it is hitting multi year highs, it gives financial stability and backs any debt taken out, use excess cash to PURCHASE Gold OR shares or new resources at multi year lows, basic balance sheet management.
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Excellent breakdown of the hedge book situation, I was about to...
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