I was thinking the same thing but not sure how the hedges work what would be the price to sell out of it would it be the 1600 we get for the gold or would it be current POG. Assuming it is the 5 year average would be about 1600. So would cost about 500 000 mil to get out. Probably too expensive. If we reduce that by half to about 200 000 mil or so could be worth considering depending on POG.
Under valued, page-480
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