Hi Mr GW - Perhaps they are doing an FOB deal with local buyers? (I think that is the term for "price for collection from the front gate"???)
From what I can gather it is quite a "sellers market" ATM, they had been approached by buyers weeks ago.
Who knows what will happen but I know the team are very experienced and well connected in Brazil, they will have looked very closely at all these issues long ago IMO!!?
I think trying to figure out the prices per ton and costs with what we know now is a little futile.
The main game now is to get some cash flow to develop Liberdade further but more importantly to get Itambe JORC'd and underway ASAP - that seems to be the most likely company maker at the moment!
Have a look back at the Cap Raising documents from February.
Cheers
Cabe
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