AEV are not publishing the price/tonne they have received for phosphate sales so far.
However, this is a very important figure for the business. After reading the annual report I see they have sold two shipments of phosphate in 2017 totaling 51,400 tonnes.
Page 41 of the report shows "Receipts for phosphate sales capitalised to development" for $2,540,694
My calculations work out to $49.43/tonne AU.
This is way below the current market value of around $90US
Lets hope going forward we see this margin improve.
$50AU / tonne
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.33M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $2.772K | 307.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2112440 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 103886 | 2 |
View Market Depth
| Last trade - 10.45am 05/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |