According to Phil's latest correspondence on the ADY website, there was a spot shipment scheduled for September. Here's the excert....
"another spot sale is programmed for early September. The tonnage of this shipment is unknown yet but if it is over 45,000 tonnes, we will be fetching about 9m."
Now i've checked the spot market for Iron Ore, and its sharply lower at the moment, maybe due to the shutdown in China because of the Olympics.
Dont be surprised if this gets pushed back a little until things improve.
According to Phil's latest correspondence on the ADY website,...
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