MCC 0.00% $16.01 macarthur coal limited

hedge position

  1. 40 Posts.
    Can someone please comment on their hedge position. Based on todays e/r the hedge to June 2009 is going to cost them about $140M. I don't think this was mentioned in either presentation on Nov 19. Isn't this going to severley affect their results? Why doesn't anyone seem to be worried by this?
 
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