Another calculation to keep in mind, we are assuming a 6% Spod from the get go, (holder so read all first),
I'm sure their would be a price adjustment for under and over ( just like AJM's comment on price agreement above or below 5.5%, yes a low base to start from), as some of our offtake partners are already use to taking lower than 6% from other Aus mines. Assume a variation of +-$10 for every +-0.1% variation, and assume we could make 10% more spod 5.5% than 6%, that would be a drop of $50/ton, $800/850 = 94%, less revinue per ton but more ton, thus its actually an increase of 6% revenue. 6% Spod is what I'm thinking given AJM's first tweet and the quality of this pilbra dirt, but I'm sure their are some rampup calcs going on that work out what to actually ship (smaller higher or more lower) for the highest revenue to begin with !
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