michelmore must close century and avebury, page-6

Costs of production at Century now appear to exceed the current spot prices for the metal, but would not all the supply contracts held by OZL be negotiated at rather higher prices than the current spot for supply over the long term? And as we have heard there has been no slackening off in demand from those at the receiving end or apparently any desire to negotiate existing contracts. So is there an issue here or not?