I know CAH have hedged forward well over 300,000 ounces of gold....

I know CAH have hedged forward well over 300,000 ounces of gold.

I'm wondering what the hedged price is as there appear to be different prices given in CAH announcements from what I have seen.

Maybe I have misunderstood what has been released.

For example, the 31st. March 2009 quarterly released to the ASX on 23rd. April, 2009 mentions "a weighted average gold price of A$1,400 per ounce."

So is that the average hedged price for CAH's gold, and not A$1,544 per ounce?

Thanks for a clarification.