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4.2¢ magnis energy technologies ltd

How much did you add on for the profitability from spherical...

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Trommel

2,013 Posts.

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30/07/16

13:37

Post #: 18406863
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Originally posted by Names little ↑

Hi Trommel, so the value in use means we don't then make any further profit from the spherical processing, is that what you are saying? I was hoping we would be making a profit on that as well, downstream margin capture or something like that, or is it up stream.

The BFS didn't seem to mention any of this in its "basket prices" section, funny I would have thought they would have outlined it if it was dependant on further processing or value adding to achieve that price, perhaps in a "dependency" section or something.

So I have to reduce my profitability now as I had added on some profitability from the spherical process but you and Bailey seem to be implying it's all in a net price that the BFS had already included.

Thanks

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How much did you add on for the profitability from spherical process? Interested to see you figures/working.

IMO $2100 is the absolute bare minimum Magnis will receive per tonne.

MNS Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
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