1.5 year ago thought samebut then pricing down, costs up, prodcution issues, rampup well behind, and a year (put off) delay in starting construction, demand questionable. and along come GS, and MG,
no wonder we are were we are at. I can still see $2, the target i had set, ..was in sigth but then as said, GS.. and crush our SP serveal times with several reinforced reports repeated adn repeated again, with GM saying nothing to squash opinion of GS, so it was all true... GS had inside info.
we can and need to expand resource, and those cost increases are a killer.
in the past i have said would be happy with $3000 price, when we had recored pricings, CXO by its own timelines, scoping study with FID insidgh had a flow chart / table indicating a drop of in pricing, and slow down in production (many due to a ramp up phrase there after) befor hitting full product 170-180,000 to meet offtake and sell into spot prices.
those targets, hugely not achieved,
now well below $3000 so that happy enough is sad enough
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