cheers, I’ve never fully understood it, but that makes sense. Let’s hope the ratio moves closer to 0.4 so the 65% lump, of it stays at 50% of ore shipped, hopefully covers all of the shipping costs for the lump and fines, and we get the hedge on top.
I still think we’re in for similar spot prices between now and end of Feb, but let’s hope we have another run similar to this year between March and August 2022, and that FEX gets plenty of stockpile ready for those months, hopefully 14-16 ships out (750-900k tonnes) if they play their cards right!
cheers, I’ve never fully understood it, but that makes sense....
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $211.8M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.5¢ | $1.208M | 4.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 517334 | 9 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
30.5¢ |
Change
0.015 ( 7.02 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 30.5¢ | 29.0¢ | 638441 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| FEX (ASX) Chart |