EXT excite technology services ltd

stayhere,Avera do not operate on spot market prices. No...

  1. 1,605 Posts.
    stayhere,


    Avera do not operate on spot market prices. No investment of this size would have had an ROI calculated on a spot price, let alone a spot price that the whole world knew was being pushed up by hedge fund speculation.

    BHP use $40; I would imagine Avera would use anywhere between $40 and their long term contract price at the time.


    Cheers, Skip
 
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