We really need to be asking management that specific question - why are we getting ripped off? According to their numerous announcements over the last year or so, they have clearly stated that the Agreement with Ansteel is that they will receive ALL of the IO produced by Karara...and the price to be paid is the Platts spot price + an adjustment for the premium. We need to find out what was the agreement for that "adjustment".
Anyone who may have more time on their hands than I do, care to directly ask Management this question?
GBG Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
