Someone on this forum said earlier today that they couldn't find any negatives in the report. If that's not looking through rose coloured glasses, then I don't know what is.
Maybe I should help out:
It sounds to me like the company has very low expectations?
- Deteriorating grades - from 1.27 to 1.11 - but the company said this was "in line with expectations for the quarter"
- Spodumene concentrate 15% lower than the previous quarter - from 52.1dmt to 44.2dmt - but the company said this was "slightly above expectation for the quarter"
- Unit cost per tonne mined up by 28% - from US$325 to US$415
Ann: Quarterly Report - March 2018, page-140
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