Hi Pat,
I expect Ord would sell to claim the loss as a tax deduction and invest any gained funds elsewhere and easily make up the losses anyway. The opportunity cost of holding LMG for them would be too high.
Note that delivery August/September can be interpreted as until 30th september.......................though that would probably blow out the milestone of 24hr MgO production by mid October.
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Hi Pat,I expect Ord would sell to claim the loss as a tax...
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