It will be a very interesting next quarterly to see the figures...

It will be a very interesting next quarterly to see the figures from BNU.
If their contract price for off-take is in the $180 range and they meet production targets then BNU in itself should be sufficient to see a significant re-rate of the SP. I think BA has become a bit of a distraction as BNU was always the flagship and I think most investors initially got on board because of BNU. It is very difficult to try and ascertain what BNU costs per tonne are from the last financial report as there where numerous 'one offs' washing issues, etc, which should not reappear. BNU have effectively sold all their production for the next 5.5 years - at a profit - and assuming management have factored in all debt, etc, this announcement would normally have sent the SP into a frenzy. I hope a positive BNU announcement is issued before any further updates on BA as all the good stuff about BNU may get lost in the chatter.