Fastmarkets have reported the next BMX auction is happening on the 14th, thisTuesday.
The previous auction was held on a Thursday afternoon and they released the announcement on the same day, so we should know what the price is probably just after closing on Tuesday.
Reported contract pricing is now getting close to the price they avhieved in the July auction so these auctions could have some very interesting implications of the pricing used in the upcoming DFS.
I dare say it is also helping the BOD to be in the drivers seat with respect to discussig offtake agreement terms, which I believe they have started doing. All IMO
Fastmarkets have reported the next BMX auction is happening on...
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