Sounds very plausible, thanks. It' probably reasonable to assume that the output could be increased to around 3mt Pellets per annum in total (with the 5th furnace online) meaning an extra 600.000t Pellets from Block cave mining. Around 100 Mio Aud capex sounds reasonable considering the above metrics.
Pellet prices surged to 311 Aud/t over night, New Record.
Quarterly predictions, page-410
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