30k tonnes x 275USD (conservatively)
= 8.25m USD
=12.1m in aussie dollars a month
12.1 x 12 = 145m p.a at current status.
I am really starting to think that no cap raise will be nessacary, its a very profitable operation.
even if our cost per tonne to produce goes to 125US a tonne we are making around 6m AUD a month profit even slightly under current market prices, and no way is are our Pacific customers going to pay for shipping from Morocco, so plenty of buffer room. would be interesting to see updated metrics once they get a full months production in.
30k tonnes x 275USD (conservatively)= 8.25m USD =12.1m in aussie...
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