You can read can't you or do you have cmonaussie on "ignore" too?
"Thirdly - I believe that HEDGING WAS REQUIRED by the banking syndicate (100% sure we've had this discussion). The Feb 27 annc gave the details of current hedging put in place of 40% of production.
From 28 April 2014 announcement wrt Bank Paribas debt facility" "Hedging required from approximately March 2015 for up to 30% of 1P production on an 18 to 24 month rolling basis for the Facility Term."
TAP Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held