Last pricing update for our starting benchmark price, US$5.39 per dmtu. Need to be a subscriber to get more consistent pricing unfortunately. Please ignore any of the other rubbish posted concerning other Manga ore pricing!!
Not much to say really, sitting marginally above 2nd shipment level. My personal opinion is we are sitting +/- 10% of PFS, largely dependent on whether any mineral credits are being added or not. Thats with a healthy grade discount applied and raising gif/fob conversion cost by 20% from PFS level. No science to either of those, pure guesswork!!!
Hard to know with a start-up where the other side of the ledger will be for the first couple of shipments, but going forward if they can get costs anywhere near PFS, there's a whole sh.t ton of money to be made here just from ore IMO. HPMSM is free.
E25 Price at posting:
$1.90 Sentiment: Buy Disclosure: Held
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