Ashwil,
Thanks for reply - though it does serve to highlight the difficulties in calculating the actual price - posters seem to be very quick to throw out figures of US$250/t.
You have indicated the following:
Russian high grade (82-85% BPL) is US$200-220/mt CFR.
Moroccan (79% BPL) is as high as US$320/mt FOB
Obviously, and unsurprisingly, freight rates, location, and seasonal issues play a large part in the equation – as will quantity and whether a contract or spot sale.
The above do not make sense unless destination is also included – otherwise you would always acquire the Russian high grade if they are delivering a higher grade (79% BPL) at a substantially lower price to a lesser grade that is to be picked up at Port.
And then both options, by my calculations, equate to much higher P2O5 values than the 30% figure quoted for the MAK DSO.
If we take the lower figure of US$200/mt cfr of BPL, I am calculating – perhaps incorrectly as I am on uncertain ground here, would appear to equate to US$150/t cfr of the quality P2O5 that MAK are indicating. The higher figure of US$320/t fob Morrocco equates to something more in the order of US$250/t.
So yes, I can understand the price is firming – I find it hard with these figures to quantify the MAK equivalent. And I am not down ramping – am just trying to understand.
Though I remain concerned about the management conflicts inherent in the takeover proposal.
- Forums
- ASX - By Stock
- AEV
- mak update
mak update, page-67
-
- There are more pages in this discussion • 2 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 AEV (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $24.19M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $26.06K | 2.632M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 13313300 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 3448987 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 13313300 | 0.009 |
7 | 2699307 | 0.008 |
4 | 5564000 | 0.007 |
8 | 6364999 | 0.006 |
2 | 1572142 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 3448987 | 6 |
0.011 | 251540 | 2 |
0.012 | 4409900 | 6 |
0.013 | 1500000 | 2 |
0.014 | 900000 | 3 |
Last trade - 13.49pm 01/08/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |