I think its the shipping costs. I remember VMS (tasmania) said
"The company, together with the broader market, also continues to experience a volatile shipping market, largely due to congestion in Chinese Ports, together with COVID-19 and political impacts, all of which have culminated in shipping rates tripling from US$18 per tonne since the Feasibility Study to around US$54 per tonne"
I believe the difference between miningnut (198USD) and actual (153USD) is 45, miningnut factors in 20USD, at 54USD above, this represents most of the variance...
Time to get into shipping....
I think its the shipping costs. I remember VMS (tasmania) said...
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