Costs are down, due to shipments being transferred from Pt. Elizabeth South Africa.
Tshipi's supply chain costs have been addressed and altered to the positive.
The ore is being sent, but CLOVID-19 paranoia, (TRUMPY), makes China in shutdown.
China pumps another 1 trillion into the economy, what do they do?
Infrastructure requires steel, steel requires RELIABLE supply.
S32, recently closed a mine and increased future prices on forward supply.
Tshipi's mine has low cost, and a reported life of 100 years.
JMS will probably spin off FE tenements at a profit, so all good.
What I love about JMS, is that they return to shareholders.
Excellent returns, page-6
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