gobbledeedook for they are shelling out more and more capex and opex
More expenses lower margins.
Despite AUD$ at 67c.
NP has done the heavy lifting for MCR last 2 weeks but now even that higher NP is not lifting this overpriced low resource BHP dependent miner.
I guess they didnt want to announce the expected blowout in expenses for the staff wages, staff camps and BHP tolling expenses in isolated desert kambalda as yet but dont worry thats coming too the next few months. Dont say I didnt warn you.
Market has realised hence the SP drop.
MC of $845M is more than double PAN and quintuple POS MCs yet MCR doesnt even have large 1.5MTpa or 3.7MTpa mills or staff camps completed like they have.
Monopolist BHP must be laughing all the way to the bank with these clowns.
