For the previous BMX we got $1300/t USD for 10kt 5.5% spod. At the time spod was around $750-$800.
That would be a 75% premium to the market value at the time.
So I’m basing my estimate on those figures.
Spod roughly 1350-1400 atm. Add 75% premium. My tip is $2360 USD
i think I read the next auction would be 30 kt. It could be 3 lots of 10 kt. Maybe average of 3 lots will be around $2300 USD. F*#&K. That equates to AUD $93.8m
Bring it on.
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