I have received a detailed explanation from Grange management ie CFO, it is as I suspected originally. I'm waiting approval whether I can pass this information along. Shagang does get some benefit from using a different iron ore price index. It will actually change for the better with the new offtake agreemnt.
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38.3¢ |
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2 | 3065 | 0.390 |
6 | 557365 | 0.380 |
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12 | 160778 | 0.370 |
Price($) | Vol. | No. |
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