"devastating" ! really Ronnie?
UBS has the price for spod 6% @ '25 - $750 and '26 - $725
and at 5.3% '25 - $652 and '26 $630
so what is the cost base again?
$667
so a lose of $15 per tonne '25 and a lose of $37
so what is that?
-$15m '25 and $37m '26 and we have $1,600m cash
Total = $52m
$52/$1,600 = 3%
devastating? you sure?
Good News & Bad News, page-45914
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