They achieved $31/lb in the June quarter! It blew out to $35/lb due to problems with the processing circuit which caused lower production i thought you read the quarterly. It has been totally rectified so $31/lb should be easily achievable and the optimisation steps are in place for $28 C1 costs FY 2015 and $22/lb FY2016
The $U58/lb Auto is talking about is long term contracts which are attainable with the current spot at $43/lb - talk about naive! - no offence have enjoyed the discussion.
Looking forward to tomorrows trading.
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$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
| 1 | 3000 | $8.20 |
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|---|---|---|
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