An 'even better if' scenario to this in my opinion would be that over the last 2 months since getting the plant back up and running would be that we have been producing and immediately sending to port by truck. This would mean that our stocks above the amount that are due to be sent on the next ship are already at port and have been transported at costs when Brent oil was sub $100. That way we didn't incur increased costs on that volume but can enjoy the increased Mang price.
Scrounged up some spare dollars lying around to put in another tranche today - I am hanging out to end of Q2 where I think with DFS and the opportunity to send volumes in line with current production rates will give us a reasonable re rate. until then though I am expecting some volatility...
E25 Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held
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