I found the section in the annual report that describes how the final price is determined. While Glencore can hedge their market exposure immediately on delivery, MRX can do no nothing.
I must say I always lost money with these Glencore backed mines while
Glencore walked away as the winner. But I only have myself to blame. It was
all in the open and the writings were on the wall. MRX is no exception.
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I found the section in the annual report that describes how the...
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