E25 19.1% 25.0¢ element 25 limited

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

  1. 2,688 Posts.
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    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.
 
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21.5¢ 26.0¢ 21.5¢ $22.23K 90.37K

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1 35000 23.5¢
 

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26.5¢ 20000 1
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