GWR
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3.33% 8.7¢ gwr group limited

Ann: C4 Deposit Iron Ore - Production Update, page-157

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  1. Big Kahuna 101
    8,807 Posts.
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    02/06/21
    11:55
    Post #: 53588908

    Thanks, so:

    WGR = 2.5c/sh
    Cash backing @ 31 March = 3.3c/sh
    Current Qtr (incl June - assume 4 ships - 50kt & $75/t profit) = 5c/sh

    So by 30 June cash backing could be ~8.3c/sh by my calcs + the WGR entitlement?

    Just trying to work out when this could reach pure cash backing.

    Interesting times to be a IO producer for sure.


    GWR Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
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8.7¢ 		Change
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