they have finally been relieved of former mgmt's discounted pre-sales agreement with Rizhao, Rizhao have even taken a haircut on the debt owed..
PLV can sell Fe 67% at approx US$80/t which is AUS$94/t.. how many in the mid west with rail can do that?
Where is WISE in all this? I'm betting Rizhao have cut them loose..
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