Spot on Regards to shipping..... back in 2014 it was costing the majors $10/t out of WA to China, I hazard a guess (but will dig further) that it’s at least $15/t now & for us with the additional distance more like $17-18/t. Once you take this off our break even of $54/t that will be a drama increase in profit & a huge boost to the all important critical numbers that posters keep banging on about! People are complaining about 20-33% well how would 40%+ look???
By no means is it a guarantee that we’d find a local buyer however SA is definitely talking the talk & getting well ahead of the curve.
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