Prices achieved in Q3 will no doubt be great however production was affected by rain and labor shortages due to omicron and regional factors. Maules creek was flooded for 2 weeks, narrabri still dealing with geological challenges.
Also cost for fuel, electricity, spare parts, logistics and demurrage will have had an significant impact on fob cost.
Of course this is all generously offset by unprecedented revenues but not sure how the market is going to take the report. Last year they got a massive beating for not achieving guidance.
Lets see, fingers crossed the investors start to see that this current high price environment is likely going to persist and despite cost increases whc will continue to be a massive cash cow and a great inflation hedge.
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