info re mre from management

FYI a mate of mine just spoke to senior mre management they have said that C1 cash costs this 2nd half will be approx same as first half (US5-24/lb and that sulphur price has started to fall from its peak and that A$ fall is great benefit for bottom line,re sulphur the fertiliser market is starting to shift to cheaper alternatives and that sulphur is down $US50 a ton from peak remember as well because MRE buy sulphur under contract they get a approx USD200 discount/t off the market price,he also stated production is on budget and doing very well and that cost savings they have implemented are already lowering cost of production dramatically.