Ann: Award of P680 Expansion Project Construction Contract, page-8

You have completely missed the point. All of the calcs that are being done on the potential profits for FY 2024 are using a yield of 680kt of spod assuming that it’s lower grade. But that’s not actually the case, they should be using figures of around 750-800kt for FY2024, which yes, makes a significant difference in annual profits realised which in turn yields bigger than expected dividends and returns for shareholders. Regardless of spot price, this is something that all calculations on this forum seem to be missing.