ive had a bit of a look and i can see imediate potential almost...

ive had a bit of a look and i can see imediate potential almost all of the gold produced 2010 was hedged at $650 and gold is now sitting at over $1300 and almost all the sliver for this year and next at current production has been hedged at $11.50 with prices @ $23 dollars now you only need to look at what the chinese did with pem when the brought in to see exactly what their plan is
straight after the purchased 52% of pem the helped obtain low intrest funding through chinese banks to buy out pems bad silver hedge which turned the company instantly into a very profitable low cost producer this has even managed to keep them making a good profit over the recent downturn in metal prices
not to mention coppers recent high having the chinese behind us gives us near unlimited low cost funding in a time when it is still hard for companies to borrow enabling us to pick what they consider the cream of the crop.
i fail to see how this is a bad deal for them to get into if someone has a vaild reason please let us know i took the following extract from the asx notice

 2010 (Jul‐Dec) 10,200 oz. @ $650/oz.
 2011 5,100 oz. @ $650/oz.
 call options 15,300 oz @ $800/oz.
 Silver
 2010 (Jul‐Dec) 240,000 oz. @ $11.50/oz.
 2011 480,000 oz. @ $11.50/oz.
 call options 720,000 oz @ $17.25/oz.

only thinking out loud dyor