I was close with $70Aud av. Taking your $72.65AUD average IO Atlas fines this is what i calc for this Qtrly revenue
1mt wmt at $141aud + 0.75mt wmt at $72.65AUD + 0.5mt wmt at $59AUD($46us hedge price)
revenue:
Range $224,987,500 to $196,000,000(conservative) TOTAL THIS QTR with the hedging (hedging is safetynet to mitigate risk! Covers all costs of getting IO to China mainland)
Now that's SUPER CASH FLOW
Iron ore price, page-4922
-
- There are more pages in this discussion • 5,569 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)