Ann: 2019 Half Year Results Presentation, page-19

Good to see they decided to publish the detailed costings unlike previous reports. - sell, royalty, production cost etc etc.
The positive is GXY still make a small margin from scrap the barrel rock bottom spod price. $85 x 200,000 ton p.a = $17 m p.a is pretty good compare to our peers.(big advantage - no interest payable)
Need clarity on SDV ( development options and securing partner(s)) and improve spod price to shake off shorters.
A40 saga could play out well for GXY but still need spod price consistently around $700 per ton to make any headway.