Share holder meeting in Perth, page-42

I read that. my understanding on that is that the company can reallocate these tonnes to months with more favourable pricing. ie when spot is higher than 2.62 they don't have to allocate the volume and when the spot is lower than 2.62 they can exercise to allocate the volume for this forward sold option.

however the company has sold xx tonnes at 2.62 and can choose whenever they want to delivery the tonnes between 1 July until end of options period.