Well, I said so because you wrongly disputing an already happened fact.
Will they blend?
1. They might, but at this moment, this will remain as your hypothesis because there is no such hints that the management will do so.
2. Based on current Qingdao price, such blend will be foolish because it will sold at lower price compare to sell it individually.
3. KI is distance away from extension hill, how to coordinate the shipments and where to blend? More cost incurred?
Such blend will only reasonable when the 58% grade ore is priced extremely low compare to 62%...or the price premium for 65% compare to 62% is not obvious enough. A bit abstract, if you do the maths, you will know what i means.
Next Mining Boom Coming, page-16
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 240178 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 302574 | 6 |
View Market Depth
| Last trade - 09.35am 27/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
Day chart unavailable
