OTCPK:MAUXF - Post by User
Comment by
righand2on Sep 17, 2015 9:09am
288 Views
Post# 24111605
RE:hedge
RE:hedgetraderlong2 wrote:
Dmitri Tsvetkov confirmed on the confrence call
that this was true and OML 18 had a 95 dollar hedge in place ?
Even if there was a hedge, it would only be on a fraction of their production, especially since they claim that they have increased that production since acquiring OML 18. And who knows when the hedge would be running out, most likely very soon, if not already gone.