Lol, they only received US$28m in revenue for FY19. How embarrassing!
So they sold 44,630dmt in FY19 and received US$27.961m. My calculations have that as only receiving US$626/t on average for FY19. Or am I missing something? If that's correct, that's flat out horrific!
Given 2HY19 pricing was 36% lower than 1HY19, it looks as though they're lucky if they're currently receiving US$550k/t
And people on here think the company is getting a premium for its product. The evidence says they're receiving one of the lowest prices on the market for its spod. You guys really need a reality check
- Forums
- ASX - By Stock
- GXY
- Ann: 2019 Half Year Results Announcement
Ann: 2019 Half Year Results Announcement, page-9
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online