can't remember a 5% plus drop like it for quite some time
Now the March Q report is more important than ever to see what total cash costs are
the 1600 gold hedge suddenly looks very good - the 1400 still unpleasant but less painful
still not sure how the BRS/USD hedge will work for BDR
but if they can produce anywhere near forecasts should be ok - not brilliant, the current demise in POG is eating profits - and see how long this will last
May mean paying out MacBank not as fast as they want...........................
BDR Price at posting:
80.0¢ Sentiment: None Disclosure: Held
