DearCEO.net - DRAGON MINING LIMITED - View Question - Hi Peter, Does Dragon have any hedging in place and if so at what price? If not, do we aim to be an unhedged producer? Thank you in advance.

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DRAGON MINING LIMITED - View Question

Q: Hi Peter, Does Dragon have any hedging in place and if so at what price? If not, do we aim to be an unhedged producer? Thank you in advance. Asked By: monopolize Asked On: 18/10/2011 EDT	Votes: 1 Views: 190 Login or signup to vote, comment, flag and watch questions!
A: Login or signup to view company response Answered By: DRA Answered On: 19/10/2011 EDT

Comment	Posted by	Actions	Date
I think their hedging may not be a bad thing after all - 2012 will see precious metals correct. Though DRA's previous downfall was thanks to hedging gold at $700 /oz!	plandau	Flag	09/01/2012 EDT
essentially partially hedged at $1310 at current EUR/AUD rates - will look smart when gold drops below that level - very unlikely in my view. probably dont have a choice as part of banking requirement.	Friedman	Flag	09/01/2012 EDT

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Q: Hi Peter, Does Dragon have any hedging in place and if so at what price? If not, do we aim to be an unhedged producer? Thank you in advance.

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Q: Hi Peter,
Does Dragon have any hedging in place and if so at what price? If not, do we aim to be an unhedged producer? Thank you in advance.