"Hindsight is a wonderful thing" It is. However, some of us, including me, were urging the company to hedge at least part of production while copper was on the way up.
Hi @Graham201986. Docdaneeka is right, there’s nothing in this connecting SNG001 to STRIVE. I think there’s a good chance we’ll be on it, but there’s nothing in this job description to link us with it.
As far as I am aware the company has not announced any new hedge while it was bouncing along at or just below 4.75. If indeed they have not put any hedge in place they have made a mistake. Some of us were calling for them to at least partially hedge as copper rallied sharply. Failing to do so is taking a serious and unnecessary risk.
Thanks for the report gents. In my previous career I used to go to quite a few company presentations. They are always jolly compelling. But from what you say, it sounds to me as though it’s worth hanging on here to see if something can be salvaged .