When once it was relatively easy to calculate a reasonably accurate sales price it is not so now. We were aware of BMX sales prices and given guidance on contract prices negotiated at or near the commencement of each quarter.
Contract pricing information hasn't been provided (as far as I know) for this quarter. Further compounding the difficulty is that we don't know where and under what conditions the tons resulting from the Ngungaju ramp up were placed. They clearly have been shipped as per Nightflyers reports. Were additional tons sent to our existing offtake partners? We're further tolling arrangements entered into? Short term contracts struck? A mixture of these? I don't know. Anybody else?
Good News & Bad News, page-31082
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