All good g12!I only post a fraction of what i find.Folk seem a little down with current sp decline but in contrast the news is fantastic.They are now forecasting a slight supply shortage for 2021.
If prices get back to 2017/18 around US$900dmt and its costing us $300US to produce well...Price is heading in the right direction and said talk of demand outstripping supply will certainly help.
Spod sold this quarter was 70000dmt.If prices do get back to those levels we will be looking at 50,000,000 profit per quarter and thats without stage 2 or Altura.Futures looking pretty good from where im standing.GLTA
Good News & Bad News, page-9856
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