Whilst I don't agree with your interpretation of Lihirs hedge book, the debate we had last week did spur me to review my holding and I decided to sell and take a modest hit. I sold at 1.19 and now LHG is at 1.12 so I guess you saved me $7,000 and perhaps even more if things don't turn around. Once again - thanks a lot.
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thankyou mikee
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