Over $2. $2 would give us a MC just over 1 billion. However EPA comes in late june/july, by then we would have received a significant amount of $ from Ansteel. Would easily be justified, also IO increases would make our BFS more profitable. The BFS announcement sent GBG to a $1.97 high.
Should sustain $2+ with EPA for Mungada and Karara.
However theres always the bloody US.