Comment by
SomeFromNone on Nov 13, 2020 9:14am
https://www.custeel.com/en/csi.jsp I think this might be more accurate, as it says it's the China spot price, and it shows the prices for 65% instead of just 62%
Comment by
SomeFromNone on Nov 13, 2020 9:24am
honestly I'm not sure though because they have a bunch of different options to choose from under "seaborne", "portside", and "domestic" indexes.. I really have no clue what ours is/would be.. but the "portside: 65% fe imported pellets ($US)" is $156.87, so I'm assuming we'd be at or above that at least
Comment by
IvanGubinski on Nov 13, 2020 3:29pm
Use CFR price. Bki should Pay for th shippping fee to its end user
Comment by
IvanGubinski on Nov 13, 2020 3:30pm
It is not important. No matter what number you are using bki will make money once we start to get big the big money in
Comment by
wallywagon on Nov 13, 2020 3:34pm
Totally Agree IvanG!!! I use 62% as a low ball price and as I have mentioned before, BKI's is 68% and can get grade so a premium on the open market is not out of the norm, even higher than 65% grade. GLTA
Comment by
Hunter747 on Nov 14, 2020 9:01am
I had a chance to speak with Matt for the first time this week and would agree. It was nice to get the facts transparently without the sales pitch. Like you say very different then the endless rows of suits at PDAC wanting to show their core samples of Canadian Shield. GLTA
Comment by
IvanGubinski on Nov 14, 2020 6:33pm
There are a lot of terrible people these days who mark themselves leaders these days. Especially the ones who does terrible things under noble causes. BKI leadership may have some room for improvement but our Matt is definitely a not someone who is rotten inside. Shymanivske will proceed. Folks sit tight.