That’s logical, but at the same time both Paul Flynn and Kevin Ball of WHC were clear in a quarterly call of early 2022 that with NEWC prices >US$400 they were doing everything they could to maximise production during that price window. So perhaps there is room for more ‘nimbleness’ than we give credit for. Yes, different mines, different geologies etc, understood. But it really feels like NHC missed a trick. Anyway - onwards!
Ann: Quarterly Activities Report, page-81
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