Also they have forward contracts and must honour the contract prices, not some ethereal spot price, something that only exists in China. I really am struggling at how people don't realise this. You can't build an expensive processing plant without entering into forward contracts and off-take agreements. Also, in a rising market, your contracts are always going to be a little behind the current price. They are achieving company guidance prices, and greater, so that is good enough for me.
ORE Price at posting:
$3.32 Sentiment: Buy Disclosure: Held
