CRS 4.55% 2.1¢ caprice resources ltd

quote:The mining plan could not supply the amount of hedging...

  1. 3,800 Posts.
    quote:

    The mining plan could not supply the amount of hedging ounces required," he said. "Clearly we had a mine plan that was rubbish.”

    er.... a mining plan defines the ore reserve

    and the ore reserve defines what you can hedge...

    so.... clearly.... the hedging was rubbish, not the mining plan....

    acturtle

 
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