" If FMG report a US$41/t wet cost, that equates to a US$46/t dry cost, correct? (FMG add another US$5/t to get to "
Is that double counting? The discount for moisture content apply at the end? If you apply the cost to wet to dry conversion then you don't need to apply discount at the end of the sale chain as you are selling the dry stuff?
FMG Price at posting:
$2.16 Sentiment: Buy Disclosure: Held
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