SGW's gold hedging is offset by their currency hedging - rises in the Aussie $ are a plus for SGW.
As I understand it, there are no margin calls applicable to its gold hedging - at worst it just foregoes additional profit.
There is a lot of misinformation about this company "out there".
And uncertainty will act as a brake on the shareprice until it is clarified.
Maybe there is someone on HC who is closer to the company who can respond to these uncertainties in a more definitive way. That is the kind of post we really want re. SGW - rather than some irratiional "shoot from the hip" diattribe about the company going broke because of its hedging policy.
That sort of thing is simply unfounded scare tactics.
SGW
sons of gwalia limited
SGW's gold hedging is offset by their currency hedging - rises...
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