Ann: Development progress - Lindi Jumbo project, page-1254

But you didn’t used these DFS figures Spid81 when you calculated Lindi’s possible fall in revenue. You chose to present a partially completed graph with a reference point of $1400 and then applied your own unconfirmed US$450 discount. Your last post also conveniently left off Macquarie Reseachs price expectations for 2025 because it didn’t assist your hidden agenda. At the end of the day Lindi’s average price across all grades is expected to be US$1515 and Macquarie’s 2024 is US$1520 and $2025 is $US1700 as supply enters into deficit. Lindi’s expected 40ktpa selling at US$1700 is US$68mil and AU$100mil. It’s no surprise to me Lindi has achieved debt funding. You can try and sell your over supply pitch Spid but unfortunately you are falling flat on your face because you can’t produce any data to support your poor judgement call.