I think this is the last year that NHC can show average costs across the mines and have them as meaningful. The output from New Acland in the year just past was too low to move the needle much. Next year I expect them to provide data across each of the mines as they will cost differently, from a Royalty point of view if nothing else.
I'm hoping that the average sales price per tonne and a slight increase in production levels help the result as well albeit that exchange rates won't be as supportive as last year.
I think this is the last year that NHC can show average costs...
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