'You have caught me out presuming EN's "750tpm cash neutral" is about right whereas it is yet to be verified.'
Eric may have been about right. But that was a couple of months back. I guess we would need to factor in any changes to REE pricing over the period? Last time I checked on Metal pages I thought there were about 8-10% down from the time of the EN statement. On the other side of the ledger are the cost reductions AL is currently putting in place.
It will be good to hear of the current cash neutral position when the ANN is released next week. I suspect we will be in no better a picture regarding costs than we are now.
The reporting week ahead, page-9
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