The crux of it is at what RP price is Wonorah profitable? Personally I dont think they are in a position to answer that yet. That is what a BFS is designed to provide. I doubt that MAK is profitable though at current prices and pundits know it. Wouldnt be averse to the company getting Wonorah to a BFS stage and then waiting time out a bit for RP prices to strengthen. The money is in the bank.
That 40c mark was significant. Next level it needs to hold is 36c mark.
2011, page-80
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