AUZ 0.00% 1.0¢ australian mines limited

Back of the coaster contract calculations…LME Nickel USD19,650 x...

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    https://hotcopper.com.au/data/attachments/3473/3473154-98661c74f62d70d46f67a6e1e67745e3.jpg
    Back of the coaster contract calculations…

    LME Nickel USD19,650 x 71,000 tonnes = $1,395,150,000
    LME Cobalt USD52,350 x 7,000 tonnes = $366,450,000

    $1.76B

    minus extraction, production, delivery and tax =???

    Looks impressive for a company with a market cap of $86M in my opinion.




 
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