The grade delivered has not been mentioned in the report. Its possible that the grade is at the bottom of the agreed spec ie 28% grade, this would mean that E25 is getting a higher price /dmtu ie A$3.57/dmtu if it was 35% grade it would mean A$2.85/dmtu.
So its possible its only 28% grade which might help explain the low price.
If its 33% or 35% then its a very very poor price.
You also need to remember that OMH charges a marketing fee of most likely 10% on all ores.
E25 should state the grade, unfortuantely its just another cover up.
Possibly the high freight, low grade, OMH commissions/marketing fees accounts for the low price received.
E25 Price at posting:
$1.68 Sentiment: None Disclosure: Not Held
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