Why pick the low number? The average is around 700 but of course a shorter would undermine the figures. You even claim Nameplate at the end of the year when the announcement clearly states they are continuing with optimization and will be reached in calendar year 2019. I've done the numbers and we are making around $500 AU per Ton on average so the Shorts claims just don't add up. At stage 3 with POSCO JV we will be $@ $2.50 PS approx with a partner taking a 49% stake in the company. All good and if you want to short this give it a GOOD go! I think you would be wiser to try elsewhere.
Ann: Pilbara Declares Commercial Production, page-43
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