io price, page-318

2014 guidance was for 1.2 -1.4mt of value fines. My understanding has always been that the value fines are more a bye product of producing the standard material and not specifically targeted in its own right. Therefore the extent to which AGO can scale back production of value fines may be limited although like they have done previously, they may of course choose to sell less and stockpile it for a better price environment .

Yeatesy.