Lol, they only received US$28m in revenue for FY19. How embarrassing!
So they sold 44,630dmt in FY19 and received US$27.961m. My calculations have that as only receiving US$626/t on average for FY19. Or am I missing something? If that's correct, that's flat out horrific!
Given 2HY19 pricing was 36% lower than 1HY19, it looks as though they're lucky if they're currently receiving US$550k/t
And people on here think the company is getting a premium for its product. The evidence says they're receiving one of the lowest prices on the market for its spod. You guys really need a reality check![]()
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