Originally posted by griffon02:
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Heya Hagetaka, as you know NHC has held up due to management and the longer term outlook of 5 mil tonnes from Acland, Bengala growth, Maxwell etc. but in the short term sure it will trade down.
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$110 is where we are going. Maybe sub 100 for a while, but, the global cost curve won't let us stay that low for long. Costs going up from 81 as me calcs it from quarterly.
Yeah royalty is a bit low, sorta expecting that as aggregate with na3 when fully online.
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(20min delay)