Comment by JCSunsfanon Jan 03, 2025 10:05am

128 Views
Post# 36385970
RE:RE:a bit
RE:RE:a bitHedging is insurance. Nothing more for TASEKO. They are in the middle of a build that will double their EBTDA. They cannot afford to have a cash flow crunch if copper tanks. Insurance always seems like a waste of money until you need it. Collars usually end up being pretty much cash neutral since the sold options pay for the puts.