Thanks Miningnut
I certainly appreciate you explaning the accounting procedural differences.
So when we compare on an accrual basis GRR's pellets received $23 aud more than MGX's DSO.
So we could say that the pellet premium was about $23 aud for the March quarter.
Circa $23 aud give or take a few dollars has been the pellet premium for the last few years. The cost of pocessing pellets at Port Latta is not being covered. It would be profit accretive if we just sold concentrate.
Quarterly predictions, page-949
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