welp according to what youre saying, if IO price reverts back to long term average of say 60USD/tonne
thats 70 AUD/tonne
70AUD/tonne * 0.58 ore content = 40 AUD for the ore content @ 58%.
So if costs are 45AUD, then the whole fri gin operation for all these wannabe coys is worthless as theyll be LOSING MONEY!
Where have we or where have I gone wrong ???