E25 9.52% 23.0¢ element 25 limited

Ann: Revised Shipping Strategy Yields Substantial Cost Reduction, page-5

  1. 49 Posts.
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    I was convinced that, the agreement with OMH was take/pay, and that the terms of trade were on a FoB basis. Was I wrong on the 2nd point? If it was FoB, should shipping costs be an issue? Given the sh*tshow in the last few days (on share price) I guess it may not be FoB - guess I'm looking for confirmation. Perused historical announcements, but didn't see anything on FoB.
 
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