This is not the first time you are being called out.
As is clear from common sense and all latest company announcements, quarterly report is a cash report. Given that the company has been ramping up in the past two quarters rather rapidly, cash revenue will be behind cash costs. Dividing cash costs for tonnes produced by tonnes sold is like comparing oranges and apples.
The most reliable all in cost was provided by the company in the comparative graph in quarterly. It stood at about AUD240 per tonne for September, and was expected to come down further after the commissioning of the new crushing plant in December.
I estimate the cost is at $210 right now.
This is not the first time you are being called out.As is clear...
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