re: Ann: EVG commences construction on Las La...
Thanks Plough. Interesting that Barrick seem to have written the rule book on hedging because they have recently incurred US$5.4 billion net losses on windup of their own gold hedging program.
I was hoping to see the terms of the EVG hedging more than anything but I can't see it anywhere. Was just wondering what prices they are forward selling at, maybe its too soon to tell or they just use a regular futures market for gold?
P.S. We gotta talk EESTOR at some stage.
EVG Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held