I just had a look, its an absolute disgrace.
There is little consistency between records. Management must use a dart board to guess what to put into the columns for Mined tonnes, Product tonnes and opening and closing inventory.
Maybe E25 management should learn to look at previous reports and check that the amount remains the same between reports ie June Qtr report shows mined tonnes at 184,1175 and the Dec qtr report says that the June qtr was 223,259 mined tonnes.
To make matters worse, E25 is paid 95% of the value while the Mn ore is sitting in a Port Hedland warehouse, therefore E25 is paid well in advance of when shipping is done.
What a dogs breakfast.
E25 Price at posting:
91.0¢ Sentiment: Sell Disclosure: Not Held
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