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Fixed price basis

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Fixed price basis
An offering of securities at a fixed price.

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The experience gained on the prior contract may serve as a basis to reasonably price similar future efforts on a fixed price basis.
The terms establish a 3 year supply on a fixed price basis of up to 33 tonnes per day of fuel grade material.
To further counteract the unpredictability of prices in the cheese and milk markets and ensure profitability, the Company has undertaken a program to sell cheese under long-term contracts on a fixed price basis and to hedge the transaction by buying milk futures.
 
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