I think the major push behind the hike in RP has been the supply constraints not so much the demand push. So if demand weakens, I still can't see prices getting back to $50 USD/t
Considering the weaker AUD at what price is this project at break even point?
$150 USD/t??
Also, considering the mine could last 40 years, would the directors even consider running the mine at break even point for first 1-2 years if they knew that the long term trend in prices was up or would they complete all the prem work and have the mine ready to go when prices swung their way and focus on some of the other mining opportunities the company have ??
Any thoughts??
prices rp
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