Ann: First Sale Contract Signed for Butcherbird Concentrate, page-7

Don't fully understand Euroz rationale when assessing risk related to ore price and achieving the 33% Mn grade or not. I understand that our contract is based on 44% grade and discount from there based on average grade supplied.
So whether is 32%, 33%, or whatever, is not as relevant as if trying to sell a contract for a guaranteed min 33% grade and failing to do so.In my view we have a very accommodating contract with OMH and also a great opportunity to use their great market experience and further processing capacity in Malaysia. Let alone potential contacts that could come through them.