When I put the cold hard in a company, I look at the potential, what they’re doing, favourable macro conditions, quality of the people running the show, and the company doing what it is communicating, to name a few.
Up until recently, GWR was over promising and under delivering. And the C1 costs have always been a concern for long term viability tbh.
But recently, they’ve been filling ships, making money, and starting to deliver on their ambitions. So, I’ve got in as such.
And the big bonus on top of short term macro conditions, if they can provide a compelling business case for shipping through Esperance with large volume, the sky is the limit.
Time will tell, I’m not sure what C1 costs would roughly be for 600km rail transport, if anyone has any rough numbers it would be much appreciated. Any long term viability IMO needs C1 to be under $70
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