BMN 0.37% $2.74 bannerman energy ltd

Ann: Trading Halt, page-27

  1. 9,588 Posts.
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    Utilities mostly sign long term contracts for say 60% of production the rest goes into spot market and if you got a number of producers sending say 40% into spot market the spot price will crash and utilities pick it up at a discount to balance the contract price...
 
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