it sounds to me like they’re pushing ahead with local sales. 62% still US$110. We get premiums on top for high lump % and grade is another 2+% higher. So they’d be making good money on the local sales,
it depends on how much of the trucking from mine gate and sea freight saving, they had to give to the BSM’s. That’s the key to how profitable they might be.
if Pihrana, is around, he might know.
cheers,
ned.
Ann: Marketing Update, page-6
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