Our opex last month was ~1,536 AUD/t per unit.
SMM shows a decline in s.c 6 sale price from 1143 to 1134 USD/t over last few days. Thats at 6% so discount to get to 5.4% is about 1020.06. USD/t using your 1.51 conversion puts it at 1541 AUD/t unit cost, before we even talk freight costs.
So we either need an increase in Spot price or a big decline QoQ in unit operating costs. Until then we are simply chucking dollaridoos on the fire.
Our opex last month was ~1,536 AUD/t per unit.SMM shows a...
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