Looking forward to some good numbers in Q1 2017 but i just hope its reported correctly.
The last GRR report puts price received growing at 13.3% from June 2016 but is was actually 23.5%.
"Report for the Quarter ended December 31 2016" specifically page 3 says ...
"The average price received during the quarter was US$88.45/t (A$118.86/t) (FOB Port Latta), up approximately 13.3% (15.1%) from US$78.07/t (A$103.32/t) in the June 2016 quarter. "
Actually the average price in the June quarter was US $67.69, so hence the statement should read "The average price received during the quarter was US$88.45/t (A$118.86/t) (FOB Port Latta), up approximately 23.5% (27.7%) from US$67.69/t (A$91.16/t) in the June 2016 quarter.
GRR report miscalculation of Q4 2016 price recieved
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