IMO, I think shipping is as good as it gets looking at the last ten years.
"What does 57%fe need to be for sufficient profit?"
TBH, no idea. Too much has changed. FEX, CPI, fuel costs, wet plant, QUBE contracts. I don't think it would be a bad idea to have a load on the ROM pad. We're either going to sell it or not. I'd hate to see the price rise to whatever his lordship thinks is a good time to mine and then we have all the issues of starting up a cold plant.
So far ARs timing performance is far from stella. The last disaster took two or three months, completed as IO prices were plummeting and shipping soaring.
Riley, page-21
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