PRU 5.18% $2.64 perseus mining limited

fair comments on the hedge,and so you need to look at the big...

  1. 1,387 Posts.
    fair comments on the hedge,

    and so you need to look at the big picture, where will gold be when their hedge is not protecting that 58% of sales,

    i think of it, as a sort of short term imunity on a fundemental basis, but the market will be reacting to the POG and the underlying business cost/ profits.

    Maybe it comes down to, they are on the expensive side of production.

 
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