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Ann: Results of 2024 AGM, page-48

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obelix6

910 Posts.

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16/12/24

08:02

Post #: 77060657
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Originally posted by ManyWerri: ↑

Happ the CMC is the fix component to the haulage contract. A logistics company will either say:
1. "we will charge you for a minimum tonnage, no matter how little you move."
or
2. "we will charge you a fixed and a variable cost."
I believe it is the latter for Centrex. To get the current CMC you could pro-rata the $4.2M from 216kt to the current 325kt to get the fixed cost. Then the variable cost would be the remainder in the logistics "bucket". The only catch there will be adjusting for the difference between what is transported and shipped (and any stock that may be in the system at the time of reporting).

$30/t would get you railing from Mt Isa to Townsville (perhaps with loading and unloading). Trucking via road is expensive.

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Why don't you ask the company to make announcements rather than use you to try to convince everybody on their behalf? You are only on the site for a few days.

CXM Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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