Mate, they have a Capex of US$1.38 Billion for an IRR of only 20.91%.
That’s with an outrageous sale price of US$33,000/tonne (triple current price).
There’s literally no amount of sugar coating that will make financials even remotely attractive.
Not here to stir the pot but folks need to get real.
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Mate, they have a Capex of US$1.38 Billion for an IRR of only...
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