Solid as a rock, page-24

Yeah, small production but it is short life and worse case would be about break even cashflow wise at $80/t aud. Major cash drain was gonna be koolan Island because of the high strip ratio. Was gonna lose money for next 2 years. Sea wall collapse forced mount gibsons hand. Means a company that had built up cash to build a mine no longer needs the cash and has infrastructure it can't use because their assets aren't high enough quality but they can definitely sell the Geraldton assets or buy a asset worthless to people without a port and use Geraldton to make money from it. Having a pre built port drastically changes the economics of many of the projects in the mid west that have allowed for the cost of oakajee.