Quite fittingly I also have a perspective update to share too..
With the tonnes shipped last quarter, they include higher cost of production product.. As months go on, the unit cost of production gets lower as all of that higher cost product gets washed through the next few months will actually see a significant reduction as they will have been produced at the >200ktpa rate.
a 2% reduction in costs was initially a bit underwhelming but once you understand that from here on out it is only coming down as we've reached steady state production, things actually seem very good on on track with the overall plan.
Give it another quarter or 2 and I'm confident we'll be consistently making a profit, even at these prices.
*I would urge anyone who is feeling glum about the quarterly numbers to step back, stop listening to HC down rampers, reach out the Sayona and ask a proper question, read through the numbers and information again and make up your own mind... that's what I've don't today and I'm filled with confidence again.
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