GWR 3.45% 8.4¢ gwr group limited

Ann: Stage 2 Mining Contract HOA Signed for C4 Iron Deposit, page-56

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  1. 2,221 Posts.
    lightbulb Created with Sketch. 326
    214 for the last 2 ships. As I said must have been both lump.That figure they placed of 186/t average for June Q in my opinion was a bit of a error as I saw that as the average of all 6 ships and what now looks to be the case. If it were correct then the first ship we already knew was at 197 so the second ship of the q must have been at 119 and thats not the case. So the overall Q was at around 205 not including shipping costs which would bring it down to 195.
    So looks like the 12% discount on current lump is close to the mark. But soon we will be at a point where our lump will be at par or receiving a premium from the Stage2 pit.
    The BOD shaping this nicely and the bots are even on the up side now.

 
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