Shorters have latched onto the AKE quarterly report which guides...

Shorters have latched onto the AKE quarterly report which guides USD$5000 per ton Spod price in Q4.

They were fetching upwards of USD$6000 per ton of Spod price in Q3.

Now guidance is usually conservative so this is not surprising, but I would still like to point out that our cost of production (opex) is around $500 per tone.

So if you get price ($5000 conservatively) minus cost of production ($500) to get profit per ton.

And at current nameplate we will produce 197,000 tons per year. This was before our upgrade in resource earlier this week, with something like a >25year mine life.

The math continues to look VERY healthy for our money printing machine.