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Ann: Operational and Strategic Update, page-23

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Tcb007

19,422 Posts.

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26/08/22

18:26

Post #: 63351766
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Originally posted by Bison8 ↑

That's not entirely accurate Tcb007. Here is AR1's presentation from 14th Dec 2021. So AR1 modeling was done in 2021 with mining services contract with Thiess on 7th Dec. Offtake and agreement with glencore in Feb.

Unfortunately the central banks didn't raise rates last year or early this year. Waiting for a melt down with rapidly rising inflation.
Here is the US inflation numbers which is globally important to other countries.

Inflation of some products has started easing. Today brent oil is trading under US$100/ barrel. Fuel costs peaked back in March and then again in June with today's fuel costs eased by approx 20% off the highs. So some of the inflated costs AR1 is suffering will ease over the coming quarters which will serve them well.

CYM delivered their restart study on 11th March so a lot of their increased costs are already factored in.

If news out of Jackson Hole tonight is positive we might even see copper moving closer to the US$4/Lb mark.

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Yep, it's diesel price in the outback + Adblue that has surged not 91 unleaded which I was able to fill up on last week at $1.50

AR1 Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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