"With Silver and Gold on the rise, I think its moot, but nice to set goals and expectation :)"
Dylan,
forward sales from what i recall where a requirement from Macquarie Bank in providing the project funding for LL. While of course you can look back in hindsight & say it looks like a bad decision it was very much a safety measure & one had gold swung the other way would of looked like a great move. Regardless it was a critical aspect to advance the project & forward earnings still look great for the company even with the forward sales at $1355.
EVG Price at posting:
20.5¢ Sentiment: None Disclosure: Held