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0.00% $1.10 new century resources limited

I could be wrong as it has been a while since I read about the...

  1. Throb
    108 Posts.
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    02/12/19
    10:39
    Post #: 41743289
    I could be wrong as it has been a while since I read about the collapse of Pasminco.

    The issue with hedging is that - what if you can't procuse to required amount of metal to meet the contracts that you hedged at? I think this - along with other dramas is what caused Pasminco to blow up - they were unable to meet the contracted supply of concentrate.

    Does anyone else have a thought about this?

    NCZ Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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