RE:RE:Majors intent on market share at any cost
Raw material price is important however LIF is a royality and so more production at any price means more royality income and so more income for holders. I 'd like a better price for the ore but 15% of 4.28 million pounds at say $100 a unit is better than 3 millions pounds at $134 a unit. LIF has held back income received and I think the odds that they pay out $1 is good, the semi-annual bonus monies will likely be adjusted. The big news is haw long will the train derailment fix take and will this mean less ore and pellets delivered.