GXY are producers of spodumene, they do not make the carbonate n are not battery makers .....Mitsubishi are in that downstream process and are dealing with those manufacturers .....GXY just sells FOB and as long as their forward contract is in place and at the price they have disclosed that is all we need to know .....
If Mitsubishi do not profit from on going sales that is not going to affect GXY bottom line for now
Rgds
50c, page-579
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