F*** me. If that is the case, then $2240/t 5.2% FOB, really equates to probably $2500/t 6% CIF. My mind is absolutely blown…let’s just talk some real ball park figures below:
Plant 1 - 330ktpa, tied up in contracts say a conservative $500/t profit
Plant 2 - 200ktpa, sold on spot, average $1500/t profit
$465m profit/year, PE ratio of 20, market cap circa $9.4b compared to where we are today. I know very very broad brush strokes, but the above doesn’t even consider 1mtpa production, Posco downstream, Calix midstream. Holy moly, I need to sit down.
I for one will be having a drink tonight, all the pain and suffering seems to be worth it for this one, enjoy the ride.
Pap
BMX auction tipping comp, page-188
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Last
$3.00 |
Change
0.060(2.04%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $50.31M | 16.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 440884 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 345145 | 51 |
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| Last trade - 15.58pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |