5shareholder, this is the paragraph from the 27th April announcement that you don't seem to understand.
"Under the terms of the Offtake Agreement, as well as purchasing the copper/gold concentrates, the buyer is also purchasing the pyrite/cobalt concentrates, which are anticipated to be approx. 200,000 tonnes per annum. On current prices the margin on the pyrite/cobalt alone is approx. $US805 per tonne. The pricing for the offtakes will be linked to the prices on the London Metals Exchange and the London Bullion Market Association."
The 200,000 tpa of pyrite/cobalt concentrate is in addition to some 70ktpa of copper/gold concentrates.
The $US805 margin relates to the pyrite/cobalt only.
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