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The US$350-380/t is vital. There is also the US$19.5 mil in interest payments per year which if divided by nameplate production = US$89/t on top of those costs. At the current 180kt/y = $108/t. So costs like near the $US500/t mark. If they can refinance to 7.5%, that would improve things significantly. There really isn't much room for mistakes. Theoretically, the US$550/t floor price should be enough if they can keep shipping product and optimize output over time.
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