Ann: Browns Range Project & Financing Update, page-62

h0rco I have read all the glossies and the ASX ann as to how the sales agreement will work.

Now in relation to pricing, the sales agreement released to the market on the 6th April 2017 only goes as far saying that, The sale agreement terms are based off CIF Incoterms 2010 with pricing referenced from a 2-month average of quoted prices on Asian Metals and Beijing Ruidow Information Technology.
The above is the same that they have used in their presentations.
2-month average of what. NTU is not selling oxide.
Can any other readers tell me what the current price of NTU's carbonate is worth using Asian Metals or Ruidow? Surely out of all the readers out there one must know.

horco How about you substantiate your below statement with some links and point myself and others as to WHERE this formula to calculate is detailed.
"Do your DD and find out the price per Kg from the old ASX ann. and glossies because the formula to calculate price per Kg is in them."

This is a forum, not a game of hide a seek, how about you provide something to back yourself up.

horco IMO you haven't the faintest, I hope you can prove me wrong!



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