SRK 2.86% 3.6¢ strike resources limited

What happened to the USD$215 that they quoted 4 days before...

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  1. 7,317 Posts.
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    What happened to the USD$215 that they quoted 4 days before shipping?

    The high grade (~65% Fe) Apurimac Premium Lump DSO product is expected to provide asignificant premium to the 62% Fe benchmark price, which is currently ~US$215 per tonne; thecurrent Lump premium of ~US$0.50 per dry metric tonne unit translates to an additional ~$US30per tonne over the current benchmark price.

    Absolutely did NOT hedge as they are trying to make out. 66% should be getting well above market premium, Strike are getting played by their Chinese constituents. Management yet again missing the mark.
 
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