'the OSS sale price figures may still accurate in the current market. You have no basis to claim otherwise.'
- it could,, but on the balance of probability its down.
'Are you implying James has knowledge of severely reduced market price and is withholding it from the market?
- Put your self in James shoes for a moment. Its pointless for him to quote using todays or number of weeks pricing for the SS2 as it would be unattainable, or fluctuating so much that for long term projections its next to useless ,, so imo hes resorted to the 'old normal' (pre C19). This is the best he can do at present. And likely to use the same pricing in the PFS,,, and which would likely differ from the eventual binding offtake when ever that happens and which is likely pushed out until he can get the price he considers sustainable for the project. Hopefully demand is back to pre C19 levels well before first shovel is placed into Poochera earth.
'For reference, most commodity price indexes have remained somewhat constant over the COVID period as has many precious metal indexes (some have dropped slightly). So your claims of a mass market meltdown impacting prices negatively is flawed.'
- After some rearch, according to *****'s historical charts from 15 Jan - today the average movement for the base metals Aluminium, copper, Nickel, Zinc & lead is -20.16 %, whilst conversely the Ware House inventorys are going up.
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