G’day blue. Agree selling to BSM’s be good. But both parties know the freight cost to market & I expect a price somewhere in between might be achieved. We’ll have to wait and see when the offtake details are announced.Agree it’s a pretty good report. Many juniors fall behind their forecast and over spend. They’re right on time & budget. If global market wasn’t potentially about to have a dump, I’d be buying hard at market. If markets do dump, depends how far. Up to 10% be ok. More would also crunch iron ore price. Doesn’t matter very long term, as they have cash to beyond production. It would just lower profits and div. until markets recovered, but it would survive a major dump. Be good buying for the brave then.
cheers, ned.
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