I thought they were pretty clearly stating they were getting market prices. Management are not baby sitters, so don't have to explain to the financial market the difference between cash receipts and accruals revenue.
As you, I would like to see the unit cost, but I understand that it is their second quarter of production and it would be meaningless. If they put it out then it'll likely create another set of expectations and management would have to explain itself over and over. I take comfort in knowing that the top guy used to run a large phosphate exporter.
I thought tonnes shipped was somewhere in the report. In any circumstance we are targeting 600kt pa from next year in stage 1.5, does 5kt or 15kt difference in the early quarters before the upgrade matter that much?
Personally, I thought it would be well north 30c by now but then the chart keeps compressing the trade range so we know the breakout is imminent. I bet you we'll be back at 20c when they announce the next 15kt shipment.
What matters is we have a product in a high demand at a high price, and all management need to do is get it out in a cost efficient way.
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