If the 66%FE market is currently spot selling at 520 RMB, then on today's exchange rate, that converts to AU$105.80. That's big dollars. Are we missing something here?
Why do we get all this wishy washy figures from GBG in the Quarterly reports (i.e. some costs are included, some are excluded)...and then we have to constantly make assumptions.
Why can't they simply say, this was the total cost for the quarter and this is what we sold it for..end of story.
GBG Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
