Did the Seeking Alpha "analyst remember to add back the value of the hedges as part of NPV of ECT?
I don't think there are any more hedges.
A trust is not allowed to add hedges once it has been created.
How about as part of the creation??
Admittedly he did not
The hedges only help if the price goes down. We're hoping the price of natural gas goes higher. The hedges do help make this less risky.