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Re: Danduedil67 post# 55

Thursday, 02/02/2012 12:11:04 PM

Thursday, February 02, 2012 12:11:04 PM

Post# of 287
The hedged collar, if in the form of an option, are selling for 0.50- 0.80 for copper, that would bring the breakeven cost from $3.00 on the low end to $4.50 on the high. Smooth move from BAJFF,

Ref. on post.

http://www.mineweb.com/mineweb/view/mineweb/en/page103118?oid=142456&sn=Detail&pid=102055