RE:RE:Price of Copper!does anyone know how the details on how the price adjustment works for the following quarter? I have asked the management and they are reluctant to disclose the details.
For example, when they produce 20 million pounds in the quarter, does the company get 90% of the spot price in the quarter and the remainder when the procuction is delivered, they then sport price it is delivered? How long does it take from production to delivery? weeks, month?
Thanks in advance.