well done, @miningnut. You're certainly getting good at this
there are a lot of moving parts at GRR recently. Not sure why they would be so aggressively building rolling stock when they're contemplating going underground, but I'm sure there is a cunning plan.
I'm also interested that the Southdown acquisition cost is not commented on ... are you sure it's around the A$25m -> A$30m mark?
Lastly, AISC remain high albeit lower this quarter. I suspect all roads will lead to energy costs especially gas required in pelletisation... the AEMO chart shows some reprieve but a long way above historical pricing. Must render pelletising unprofitable given apparent low pellet premium in pricing
Have a great day
Quarterly predictions, page-815
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