Hi folksHere is what I worked out from the annual report.We have...

Hi folks

Here is what I worked out from the annual report.

We have had 6 BMX auctions selling a total for the year of 43,000 DMT, by multiply the volume by the SC6.0 Equivalent (CIF China) Price of each BMX auction was able to determine the $US revenue of each auction. By adding together the size of each auction I arrive that total volume of sale of the BMX (six auctions ) was 43,000 DMT and the total revenue was 159.8M. The yearly average price for the BMX auctions was $US 3,717, obviously this average was pulled down by the first three BMX auctions where the highest price achieved was $US2629 and Lowest price was $US1429.
.
The BMX auction average for 2022/23 will be vastly improved and should average well over the $US5,000 mark (being conservative)

Something else I determined from the annual report was that the offtake agreements delivered 318,035 DMT generating revenue of 1,040 M
at an average price of $US3,271 which was better than I expected. Obviously we have signed some new offtake agreements at a historically higher price that previous agreements.

It will be interesting to do the same analysis when next years annual report surfaces. DYOR

cheers Lies