Stanmore v Coronado, page-12

I think it’s going to mid 1.40’s. Costs increase dramatically with wet weather. That in my opinion was a major driver of increased costs last year but let’s wait and see I guess.
Sure royalties have increased substantially but if you look at Sep qtr accounts they still made substantial profit and they had 180mm of rain that quarter averaged $3.20 across both aus and us operations.
I for one will be surprised if they don’t substantially exceed quarterly 4mt saleable.
maybe the stock is being targeted by shorters. I don’t know.