Cuppa
I didn't want to be over ambitious, but ADrummond was adamant that he sees little to curtail the demand from North Asia...whether the current US$800 price will be around when we're in production, I have no idea...AD believe's it won't shift a lot, just isn't any BIG new resources coming into production that will dislocate the demand curve against the buy side...
I was very confident after talking at length with AD. They'll get 3 mtpa eventually and he was adamant that 2 mtpa is on within 12 months. The sums are easy to extrapolate from there...
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CuppaI didn't want to be over ambitious, but ADrummond was...
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