for the time being it may be the spot price, but sooner or later when production ramps up it will be a more considered contract, and that's why I estimated a high of 22k. and of course no one can predict the future so all we can go by is the lme, I just think that while we would love the sp to be over 4c next qtr we should not expect miracles and if if does get there theres going to be a load of shares sold along the way, all imo
Ann: Drilling Update - Mt Cobalt & Pembroke, page-1398
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