AEV are not publishing the price/tonne they have received for phosphate sales so far.
However, this is a very important figure for the business. After reading the annual report I see they have sold two shipments of phosphate in 2017 totaling 51,400 tonnes.
Page 41 of the report shows "Receipts for phosphate sales capitalised to development" for $2,540,694
My calculations work out to $49.43/tonne AU.
This is way below the current market value of around $90US
Lets hope going forward we see this margin improve.
$50AU / tonne
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