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Ann: First Shipment on Track as Iron Ore Stockpile Builds, page-219

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  1. davo1
    2,872 Posts.
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    25/01/21
    20:38
    Post #: 50438393
    Okay so based on the info provided within that article we stand to make approx. $50m profit for the first year providing the IO price holds up.

    $70 per ton margin x 55000t shipments = $3.85m - PRG’s 30% = $2.7m x 18 shipments.

    Not a bad start, look forward to us locking in the expansion plans and then we are away!
    GWR Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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