I agree with all of that. I’m unclear on what long term price will be used, I think probably not more than US$18.5K (not kg) but I’m throwing it out there for discussion and input such as you’ve helpfully provided, as you often do.
What I did not say or imply, is that 80% inflation = 80% cost blowout. That was simply the point of my earlier post. I am happy to have my points debated (indeed I welcome it, that’s the point of this forum) but I don’t wish to be misquoted. Cheers
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