shorting, page-363

Here's to a good galaxy Friday morning to all!!!

As mentioned by AC on the BR thread, we have an opportunity to starve the shorters (esp today and the following week)

I suppose most of us have loaded up our trucks below $2. If we sit tight by not selling, we could see Gxy return faster to $2.50-$3.00 or the old 50-60 cents territory, which is where it should at least be, on the back of improved and sustained MC production. Really, the old 40 cents is still low given where we are now, steady production.

We're still trading about 3x revenue and the improved recoveries would potentially put us at a minimum 180,000 tonnes. That's a juicy A$200m revenue p.a.

Cheers