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723 Posts.
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28/10/16
15:53
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I think that is a very good question to be asked of the directors.
We get about $US.85 premium per tonne. If the premium was 20% we would get $US12 per tonne and we would break even (with depreciation).
I have been saying for a long time that we are getting little or no premium. I think this is because Ansteel is our sole purchaser of KML product.
I wonder if KML started to sell it on the open market if we would get a premium. Maybe, maybe not!
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