mazeltov I guess thats why the current plan is on cost reductions, and more drill results to prove the resource.
Whilst the IO price and $A are variables, we really do need some up-to-date numbers on costs. I dont think we'll see anything until the approvals for lessened shipping distance, and need for less containers gets approved / denied.
Agree we arent going to get back to $180 per tonne. So need a good return on a $100 per tonne project (only can happen with cost reductions), with anything else being a welcome bonus.
I think theres still potential, but the story looks a little less rosey than in the past.
I'd be suprised in TRF and IFE would amalgamate, since TRF spun out IFE in the first place. Would actually rather that TRF could sell its % shareholding to a partner with pockets to seee IFE through to production (... but i'd mostly like to see debt funding, and that will be hard).
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mazeltov I guess thats why the current plan is on cost...
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