Ok, did the sums, our cost of crushing this quarter has fallen by 7 dollars AUD per tonne compared to last 4c, not bad, We didnt get finalised benefication data last 4c, so can't make comparisons there.
Crushing volume only improved marginally (about 6%) Would like to see this seriously jump if we are taking ramp more seriously. Hopefully, better weather through the next few months once cyclocne season has passed will help with this, will probs see the data about that in the september quarter.
Expect weather impacts the March 4c especially with this weeks rain in QLD getting up to 700ml in some parts around Mt isa.
CXM Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
