the royalties are a big dragthey paid 61 millions in royalty for the last quarter and 99.8 millions for the last 6 months......ouchhhhhhh
that compare to 6.6 millions for q1 2021 and 10.6 millions for the first 6 month of 2021.
cost of diluant almost double at 123 millions versus 71 millions in same quarter of last year
they did have NET income of 8 cents for the quarter ,at least.
So yes ,those hedge are a BIG drag ,they need to avoid them as much as possible.
all numbers taken from sedar site