I am not quite sure about whether the PDN will make losses on future sales as my understanding is most of futures production will be sold into term contracts - refer comments below:
"Actually, in FY '15, we have very little to place in the spot market left. So we will have a much diminished role in the spot market."
and
"Yes, those contracts that are on either base escalators, the fixed prices were done a number of years ago. So they'll be definitely much higher than the $45 that is currently being reported. We don't give out the exact numbers on that, but we do have a couple of contracts that are well above $60 at this point".
DYOR
I am not quite sure about whether the PDN will make losses on...
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Last
$13.24 |
Change
-0.230(1.71%) |
Mkt cap ! $3.951B | |||
| Open | High | Low | Value | Volume |
| $13.66 | $13.70 | $13.24 | $115.9M | 8.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 60263 | $13.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.29 | 42663 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |