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To: SliderOnTheBlack who wrote (65860)5/9/2000 8:28:00 AM
From: MetalTrader  Respond to of 95453
 
question on nev..

can you add any timing on the unwinding of hedges going forward. My understanding is that nev sold a large portion of production to tosco on a multi-year deal with a healthy discount. additional forward production is also hedged heavily.

the ssb earning est is considerably ahead of the consensus. What do they see happening to differentiate their call?

thanks

MT