It seems to me that they hope to negotiate at a higher price if the product can achieve a quality above 58%-62%Fe,or so they hope(judging by the waste ore feed,20% transform up to 58.5%,they seem to think for a standard ore of 25%-35%,58%-62% is the baseline of the end result),I think they are in negotiation with BMM saying what if the product is above 62%,could we possibly and probably sell it to you a little bit higher than 52$?BMM said we will see about that,show us the product first,what`s why the PO was pushed back a week or two.
Just my opinion.
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