Assuming, US$50 FOB costs means a AU$ margin of $38. That means about AU$2.4M profit. TER only receives their ownership share of 49% though.
The half yearly said 87,000t was exported in January. I'm not sure how that relates to the current announcement. Maybe they were sold but not yet shipped?
2018 TER exported about 500,000t, 2019 was 300,000t. You would think for the 'export strategy' to be material TER would be aiming for an export of 1Mt. 1Mt of export (with the estimated margin of AU$38) is pretty material to TER.
Ann: First full shipment sails from South Africa, page-6
-
- There are more pages in this discussion • 14 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 TER (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.1M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $205.4K | 1.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 704335 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 124387 | 18 |
View Market Depth
| Last trade - 13.55pm 06/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |