Avocet Mining - Re: AVM Stream Log - Lofty, The hedge ties them...

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Re: AVM Stream Log
10:52 16/03/2014
mog
0 replies 0 0

Lofty, The hedge ties them into paying off the debt at a fixed price when agreed, if goldprices rise as now ,the miner gains no benefit until hedge paid off, .The amount they borrowed is trifling compared , with future production potential.

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