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BobbyMorane

878 Posts.

862

09/07/19

23:06

Post #: 39447067
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Originally posted by Kaeho: ↑

I compared the upper end of existing contract pricing with upper end of spot pricing, to make the point MB is lacking representation of contract prices, which are evidently much higher, and evidently having a negative impact on the SP, and evidently being used by down rampers of all sorts. Where were u and your high horse when ppl were throwing around spot prices suggesting thats what the general population of Aus li companies were getting?

I have always maintained spot prices are not reflecting the contract prices in my previous posts. If i don't mix them in the same post how am i supposed to make a comparison showing the disparity between spot and contractual pricing? I did mention MB's 5 ton lots, so thats not comparable to AJM's lot at many times that amount, no tricking ppl there.

If i was really to ramp this up i'll compare AJM's upper end to MB's lower end, which i didn't. My apples for apples analogy applies to the use of upper end pricing only, not suggesting spot and contract are in the same league which i maintained in my previous posts. U can manipulate the perceived price of a 5 ton lot much easier than a 35,000 ton lot as i mentioned before.

Just chill out, get off and pet the horse a bit, you've been riding it for too long.

Expand

"Ok Metal Bulletin listing $650 for 6% spod.
AJM boa with new chinese buyer listed at $950.
So its true MB has been getting their 5 tonne lot prices off Alibaba lol.
MB pricing is way off. Its official their pricing structure is a scam. AJM deal just proved it."

This is your first post.
You called out MB, an analyst as a "scam" because their current trading range is different from the ceiling of a 5 year offtake agreement.

I don't need to write any more, people are smart enough to make their mind.

GXY Price at posting: $1.32 Sentiment: None Disclosure: Not Held
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