Don’t forget they own the QLD port and NAC ramp up costs are are not long term and as NA3 ramps up with minimal royalty costs - this figure will also drop - furthermore NA3 operating costs would be lower than Bengalla so this will further lower Average cost/ tonne, to figure well below $100/tonne
NHC Price at posting:
$5.05 Sentiment: Buy Disclosure: Held
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