its good that our cost guidance even if you took the best case 1150 AUD per ton which is about 780 USD ironically is the current spot price for 6%S.c on SMM atm.
I still have to ask, what is managements plan here? Continuing to throw away our great reserves at a loss for a former sharholder JV partners sake, staff and BoD pay.
OR
A serious assessment of care and maintenance to preserve the assets we have left.
Interest rates have already proven to be sticky. That being the case, macroeconomics dictates it will be a long while yet before the flow on effect of a change in rates and an increase in consumption.
Or perhaps they intend on a big dilution and further share price pain before a large company sucks us up for peanuts?
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