Post by
rkhosla on May 17, 2024 2:24pm
HEDGE HEDGE HEDGE
Sherritt PLEASE hedge 50% of your production for next 12 months at these prices
Comment by
llesage on May 17, 2024 2:52pm
Good idea, maybe we should send your message to management!
Comment by
Albatross on May 18, 2024 11:16pm
Yes.. hedge if we can at prices we can turn a profit and pay down more debt...
Comment by
autofocus111 on May 17, 2024 7:00pm
Depends... agree at spot prices but what does the futures strip actually look like 12 months out? I'm guessing the curve is in backwardation so prices are lower going out... how much lower?