RE:Balance Sheet Issues make ARC uncompetitiveJust catching up here..i hate hedges as mich as anyone unless taking minor short term advantage of cyclical high prices.
Q1 hedge loss was already on the book in 2022..only thing to be determined was amount of realized gain or loss..had arx bought back its hedge book at dec 31 it eould have paid a higher price (as ng was higher at dec 31) as opposed to letting them expire in a lower ng environment (makes for a lower realized loss) so sorry mhp..i dont get how arx messed up by not buying back the book in 2022. I do hope arx is more lime tou n futre taking advantage of cyclical highs to buy some short term hedges for a minor amount of their production.