I am not quite sure about whether the PDN will make losses on future sales as my understanding is most of futures production will be sold into term contracts - refer comments below:
"Actually, in FY '15, we have very little to place in the spot market left. So we will have a much diminished role in the spot market."
and
"Yes, those contracts that are on either base escalators, the fixed prices were done a number of years ago. So they'll be definitely much higher than the $45 that is currently being reported. We don't give out the exact numbers on that, but we do have a couple of contracts that are well above $60 at this point".
DYOR
Turn around?, page-4
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |