It is strange that Macquarie aren't factoring in 1m tonnes annual production until the 2028FY.
Ken was very clear when he said he anticipated that the Pilgan stage 2 works would be complete at the end of 2023/ start of 2024 calendar year, so even if you assume 1m for the 2025FY, their estimates are still out by 3 years.
Good News & Bad News, page-8960
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