Ann: Quarterly Activities Report, page-17

The FIDS identified this cost. It is included in the HPA production costs.



The FIDs assumed an average sale price of $US26.90.
The HPA selling cost = $1.35 ( let's assume the miscellaneous = 0)
(1.35/26.9)* 100 = 5% commission.
At $US40/Kg = $US2/Kg.
I asked this question of the company recently and they confirmed a 5% commission.
US$9M per annum to Mitsubishi seems great value imo. Imagine trying to sell directly to customers. The project would never have flown.