Hi,Just had a look at their September quarterly, the gold...

Hi,

Just had a look at their September quarterly, the gold hedging at that time was for 5.8 Moz gold and had a mark to market value of AUD$ -910 million.

So with the gold price rising about 10% since one would assume that it would be close to 1 billion in the red by now, not a good thing for a company with a high debt.

Further production and commissioning problems at Telfer would put further strain on the balance sheet, I would be cautious with this one...