You mean more debt. AEV has $3.3m debt inc capitalised interest (8%). Due to be settled by 3/24. This debt is now able to be converted into equity at 30 day VWAP.
Thanks to Pezz for the transport costs. Here are some prelim workings.
Tennant Creek to Darwin is about 1000km.
Wonarah to Tennant Creek is what? I see Wonarah Well in Google Maps. Is this the same place? It's more than 300km to Tennant Creek.
Transport costs without handling to Darwin Port etc is ~$60/t (assuming Wonarah Well is correct). Which is greater than 33% higher than FEX (0.09 x 500km road). FEX C1 A$84/wmt (Mar Q); down from A$93 during ramp-up to steady state production.
Moroccan Phosphate Rock is USD345/t @ 30%. AEV is 21%, so 70% of Moroccan is USD241/t.
