So back at 31/12 it seems the mine plan assume a forecast sales price based on US HVB prices of $136.95 which then it’s adjust down for new Elk mine quality.
Graph posted by MFC500 above (thanks) suggests the forecast price for US HVB has currently risen to the level expected. (No guarantees as to where next - but currently appears as forecast in their Dec business case.
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So back at 31/12 it seems the mine plan assume a forecast sales...
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