This is really bad news as it implies that operations at current prices cannot sustain the company's planned operations and expansions. Another casualty.
It's also not good news for the industry. I do question whether other plants which are undergoing expansion and significant capital expenditure (PLS) will also wind back plans.
Ann: Project and Funding Update, page-69
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79.0¢ |
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Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 66493 | 79.0¢ |
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| LTR (ASX) Chart |