RE:$$ ;They have 59.5 million lbs hedged over 3 quarters at 1.23/lb ending at 2021.
They also have 115 milluion lbs hedged over 7 quarters at 1.25/lb ending at end of 2022 .
Conservatively using the low end of their recent guidance they will produce 330 muillion lbs/yr or 82.5 /quarter.
So right now they have 59.5 / 3 + 115 / 7 = 36 million lbs hedged per Q.
So 36/82.5 = 44 % currently hedged.
In Q1 2022 this drops to 16.4 / 82.5 = 20 % hedged
(assuming no new hedges and constant production)