Providence Resources - Hedge: - Mamms would say did a...

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Hedge:
11:57 26/06/2016
Spuddy
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Mamms would say did a Sterling Euro Swap at 1.2666 i.e The placement terms 12 p to 15.2 cents. The Market rate at the time of the announcement was 1.300. So obviously with comission For a forward swap came in at 1.2666. So We Would be protected from currency volatility

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