no worries Bob.
for others interested in IO prices, you google:
seaborne index 65% fines
gives a table with daily prices.
we’re 67%, so we’ll get a bit more. But it all depends on the offtake agreement they end up with. Does anyone know price FEX are getting on their deal? I tried to work it out, but couldn’t.
i suspect it will be somewhere between spot & the long term price. Hopefully not too close to the lower long term price (around US$110).
we bounced off the lows yesterday in line with global markets going positive. I picked up a few more at 6.6, but keeping my powder mostly dry until we see if the correction continues or not. The spin doctors generally win as they’ve done for the last few years. But you never know.
cheers,
ned.
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