The good news is, we doesn't need to see 10% growth mom. The one thing that separates us from the pack is we are producing large volume into a very, very tight market. The wannabes which I am also invested in have to build their mines, make them efficient and go through all the challenges that are well behind us.
The experience our bod and management team have gained over the past 6-7 years cannot be underestimated. We can bring new volume to market before these mines are build. These mines will take the same time to be efficient and operational as we did.
Even if prices dropped to half from here with a 1MT operation, we will okay.
Enjoy the ride, dividends are just around the corner.
FS
Ann: Results of BMX Auction, page-177
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.763B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.06 | $2.90 | $43.68M | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12200 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 3400 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |