Total outstanding at 31 dec was 3,340 tonnes. During the Dec quarter they delivered 1,830 tonnes by pre-delivering as managements view was that nickel prices would be higher in 2007 (which they seem to have picked pretty well).
Hedge commitment is now 200t per month until mid 2008 at a price of around US$11,000 per tonne.
Quarterly should be out in next day or so which will update the situation.
SMY
sally malay mining limited
