VMS 2.94% 1.8¢ venture minerals limited

Iron Ore & Tin price, page-506

  1. 2,427 Posts.
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    High level calculations for VMS profit with following assumptions:

    • Income reduced due to FX of AUD $0.7358 versus DFS AUD $0.68 but didn't reduce CFR Costs for FX; hence Profit should be higher
    • Didn't include Tax (as all companies pay it) nor the $66M Tax Loss
    • I have assumed 20% discount for content and grade to convert from 62% price basis to 57% FE iron ore

    https://hotcopper.com.au/data/attachments/3386/3386604-a77733c8e69bead750a36b992484f375.jpg
    Last edited by ShareBeers: 22/07/21
 
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