rexon
they have ready sold 70 k in oct and first jace of Nov. 30k booked to sail first half of Dec, company expects to do the last 30m in last half of Dec - that’s 130k
The standard margin is around 330 per tonne , however the 130k will be a mix between inventory which is effectively 100% margin and sales from production
I have assumed 300 margin for production and 600 margin for inventory and have assumed a 50/50 mix . In reality the margin are probably 20 underestimated but that’s better than being too bullish
rexonthey have ready sold 70 k in oct and first jace of Nov. 30k...
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