I have heard that survival is the expected outcome, that the skills to do so now appear to be present, and there is no real sense of looming abandonment. Effective operation of the MCS and achieving forecast / required margins is their focus. Iron and clay content in the ore is the main issue (red sands, yellow is fine), and regular rocky outcrops exacerbate it. I am told this is all commonly known and not regarded as confidential at any level.
We may yet see more high quality down-ramping opportunities as it all plays out. But I am currently thinking the prospect of at least getting to a break-even outcome, after being sucked in big time by Luke's disappointing turned-out-to-be-total-bs non-reporting of the truth, is now a realistic probability.
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