Well according to today's AFR article GBG is not selling it's re to Ansteel at present. This is because the contract is for 68% grade, meanwhile it is only 62-63%!
No big deal I imagine, it'll just be sold on spot I assume.
Also 30% of Karara's ore will be sold outside of Ansteel, unless of course they can't find a buyer and then it'll go to Ansteel as they are 'contracted' to buy it all.
Never knew this.
This sucks. GRR, MGX, AGO and FMG all rallied. GBG NOTHING.
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