ADN 10.5% 1.7¢ andromeda metals limited

Ann: China visit confirms significant halloysite-kaolin demand, page-21

  1. 7,024 Posts.
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    What interests me is, with all these different grades, purity, quality of the product, the price must be negotiable, or a method of determining the value per tonne must be in place, set out in some way before any trade can begin.
    Who what would determine the price ?
    $300 - $1000 a tonne ?
    Demand - supply ?
    It appears that negotiations ADN is now doing is directly with the buyer, no 3rd party, so the price must be determined by the two parties ?
 
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