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15:27
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Originally posted by Load
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Well no new info in that post. A few people here have put forward financial analyses of the next year or so. Its clear CAI (and other producers) are sailing close to the wind. Cant do much about the hedging, its always a best guess at the time, and hedges often end up out-of-the-money anyway.We'll pay for that, but your 70Koz production per year is worthless. " Yeah, ri-i-i-i-ight. always
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You are confusing what the plant cost with what it is worth IMO, if you are comparing it to the market cap. If it takes a few hours to truck ore to it, than it is unlikely to be worth much to anybody else, so it seems it is an asset that is contingent on the success of the adjacent mining operations.
(20min delay)