$100 share price, page-374

The low grade of Mt Marion is really gonna hurt.

For instance last quarterly 4.2 percent spod took a 32 percent discount on the S6 benchmark $1178. Realised price was $797

Todays benchmark $835 minus 32 percent lands them at realised price of $568 USD per tonne.

Bald hills will be much worse however they do not release any cost figures associated with this.

Wodgina fob cost is even higher than Mt Marion too

Yilgarn is closing in a few months but it appears the margin now also getting thin? Cost of $108 from memory.

400 million interest payment per year, and this baby is leveraged to the hill.

Another 10 percent fall in iron ore or lithium could spell disaster.

Also due to the recent fall in market cap. Peak debt will be around 50percent lvr