re: sgw something up? SGW rebounding for a few reasons...the...

re: sgw something up? SGW rebounding for a few reasons...the first is that their hedgebook is nowhere near as far underwater than what it was...the AUS$ above 63c and 65c is a big help to them as they hedged at these levels and i think maybe at 67c aswell.They also forward sold a lot of gold at higher prices..i think roughly 10 years of production and talk was that they were gonna have to buy the gold on market to cover their hedge book but they seem to have worked out their production probs.
There was also a lull in the titanium market ...dunno if this has picked up yet.