They have only forward sold 60% expected silver production
The previous hedges saved JML, otherwise there would be no JML today.
Currently JML is debt free. I'm looking at this silver forward sale as a positive indicator that zinc and copper sales will be ramped up more than we may expect, probably more silver as well.
All up the forward sales seems a responsible (read non speculative) course of action to enable growth.
They have only forward sold 60% expected silver productionThe...
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