Do we have enough info to make a judgement call on comparisons ie For the seller FOB prices are at the export wharf , COF prices at the import wharf after transport (from memory ) , so really need shipping cost to determine the difference .
Bootu creek ore is high in Silicon , which is an advantage and low in Iron which is deleterious for MnSi smeltering so a 37% Mn ore from Bootu may be worth more than a similar grade ore from a South African mine .
Then there probably is some intrinsic advantages if Bootu is supplying its own smelter rather than a third party , ie no third part trader taking a cut and more coordinated supply scheduling, so less demurrage possibility .
OMH - Strong Sell, page-182
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