GRR 5.26% 36.0¢ grange resources limited.

I was wondering this as the pellets are sold FOB (port Latta)...

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    I was wondering this as the pellets are sold FOB (port Latta) which means the buyer owns the ore as soon as it leaves our port and they also pay for shipping (factored into sale price). As opposed to most of port headland which is just FOB which means FOB(destination port) so the opposite. For our case I assumed price would be settled once loaded onto ship but would like to know if this is wrong?
 
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