I can see a lot of fear narratives being propagated by "shorters" with an agenda.
IMHO, investors should focus on the facts, not on the narratives.
Here are the Facts:
https://hotcopper.com.au/posts/69376624/single
- The company is recovering around 50% - short of nameplate of circa 70%,
- Nonetheless, it is still making $$$$$$$ (last Qtr, it generated $114M), and
- Costs despite having moved up to circa $1,200 p/t, it is still way below the Revenue of circa $4,000 plus p/t.
Bottom line: even IF we continue to recover at 50% for the next 12 months, the company would still be making lots of $$$$$$$$$
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