Possibly, but those mums and dads that sold at 60c were silly for doing so whjen the fundamentals are so strong.
The SP drop was hit by a trifecta of issues
- Market volatilty and the Dow Jones being smashed in the US
- ORC market annoujncemnt regarding weak pricing for carbonate in China (low grade)
- General oversupply BS
Ann: Funding Package for Stage 2 Pilgangoora Expansion, page-55
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