It was quite amusing to see spid81 unable to comprehend this morning’s announcement…This may indicate why he invested poorly in MRC and EGR who look more unlikely everyday based on low expectations for batting materials and supply chain…
33tons is breaking even point as per tweets to reference from….Based on DFS prices US$1530 mid
Then we have today where it explained 55 bags would be required if a theoretical price of US$900 was achieved…
Lets not use theoretical prices but use this as a break even point using those figures…At 94 bags 62 bags are free cashflow based on DFS figures
Regards Croc
It was quite amusing to see spid81 unable to comprehend this...
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