PLS reported an average realised sales price of US$840/t.
Our underlying average price recieved by SYA in the March quarter was $US706t , prices in the Jun quarter were around $US150-200t higher than the March quarter so $US840t or $A1250t is certainly achievable , it's really down to where our production costs are and we will find out soon enough.
The fly in the ointment at the moment is prices are rapidly approaching the lows we had in Feb so our costs need to be low with scope to go lower.
On balance it should be an encouraging quarterly result with plenty of challenges remaining.
Cheers Whisky
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