production funding in june, page-17

i doubt the hedge will be too onerous........ALD have been producing now for nearly a year and are just about through their hedge requirements........FML too aren't that far off completing their hedge production; sp of both is being held back by the hedge to some extent at present though. The trick will be to make a deal that only has a small hedge, not a giant rogering from M Bank etc.

PS People keep citing a link between TRY and IGR...is there something happening out there that we need to know about?