jantimot i dont know how you manage to understand the loan finance agreement to such erroneous conclusion, the finance agreement simply states the company has to hedge 30% of production over 3 years, states nothing about what price the hedge is held at. It simply says hedge 30% of production at current price, which is at above project bankable study.
No, they are not hedging 2.25Moz for $22m... that is simply ... wrong!
CCU loses heavily? I can see why you don't hold stock. I am glad I topped up more before the long easter break, POS already proving itself northward.
jantimot i dont know how you manage to understand the loan...
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