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Congo Mining

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Congo Mining

Re: None

Sunday, 12/13/2015 2:18:16 PM

Sunday, December 13, 2015 2:18:16 PM

Post# of 4540
VNR has the worst hedge book in the mlp sector.

What will save them is that they are the lowest cost producer.

The puts they sold will basically destroy their swap positions.

http://www.vnrllc.com/wp-content/uploads/2015/12/VNR_Wells-Fargo_Dec_2015_FINAL.pdf

pg. 18

unfortunately I have a small long position.
will add more under $1


derivative contracts start at page 19

http://www.vnrllc.com/wp-content/uploads/2015/11/10Q-11.8.15.pdf
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