Hi Mac, I believe that's how the ore sales agreement works,...

Hi Mac,

I believe that's how the ore sales agreement works, there is a back calculation of averaged pricing etc and we've seen it on some of the quarterly's, sometimes as a positive and sometimes a negative, So I'm assuming it's just tiding all of that up. I found it strange it's in amongst the sale value though as really it's part of the existing agreement. We've also put in a different date for royalties, so everything due from May onwards is on them, so a bit hard to see a really clean split.

I'd like to have seen that broken down so the pure sell value can be better understood. Overall I'm reasonably happy to sell it, no one knows what the I/O price will look like over the next few years and we've removed the requirement to rehabilitate the site.

All aboard the salt train!