I was merely replying to your post regarding Oz spod producers working together. My view, they all should of went into C&M, leaving their spod in the ground, instead of giving it away, and more importantly, at a loss.
I didn't mention pricing, and have no idea what prices either company is receiving, but thanks for my Sunday entertainment, "Ganfeng BOD reading PLS HC IMO" cracked a rib laughing.
And as you mentioned Ganfeng, care to consider how much capital they have deployed in projects around the would over the past 2 or so years, not to mention their own expansion. Seems to me, risk has been transferred from Ganfeng's balance sheet to AJM & PLS, should send them DSO for the prices being paid for spod atm.
I do hope you are okay mate? .
AJM Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
