E25 0.00% 24.5¢ element 25 limited

i'm not privvy to the exact sales price mechanism of the...

  1. 638 Posts.
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    i'm not privvy to the exact sales price mechanism of the contract with OMH other than we sold FOB. This suggests that the freight component isnt our "burden". I do understand that indirectly it could have an impact since a buyer wants to keep the landed cost price as low as possible.

    Anyway it wont be too long untill we get a better understanding of the current P/L and hopefully by than we will also have a better idea how far along the high content Mn project is.
 
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