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19/06/23
20:26
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Hairy, from May presentation - https://wcsecure.weblink.com.au/clients/tombadoriron/headline.aspx?headlineid=61148760 When prices are decent, they need to sell 300-500k/quarter to impress IMO
Originally posted by HairyRichard:
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I have them at more than that but it seems to good to be true. Can you share your numbers how you got to 130? Mine are: FY22 = 477wmt sold (I don't believe there were sales prior to this but maybe this is where I'm wrong) H1 FY23 = 221wmt sold Q3 FY23 = 98wmt Total = 796wmt That would mean that 6 weeks into this quarter they have sold 204. Seems far too high to me. This quote from the CEO could mean that in 6 weeks they hit their highest quarterly sales. "We have also recently been setting internal records such as the highest sales in one month, and in a quarter , most tonnes trucked in a month and most tonnes loaded in a vessel." If that's true then we should be seeing a 200wmt+ quarter if that run rate continues. Maybe there are shenanigans going on with a conversion from wmt to tonnes
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