There is no doubt those without inetment knowledge of why the the cash costs jumped would have been discouraged , people would have been all over this one otherwise.
The fact they monetised stock piles shows also the value of remaining stock piles
the cash cost jump was clearly due the result of signifincantly lower production due to maintenance and wet weather. these are behind us. What is ahead of us is a pellet price of 84.5 and a AUD of 75.
Still trading at Disc to Cash. Why?, page-8
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