I'm not sure they are selling at a premium to FEX, the announcement doesn't specify whether the price sold was FOB or CFR, FEX have used FOB pricing(USD $156/t FOB) in their quarterly update. These guys haven't specified, and also haven't detailed their average grade. All seems a bit murky imo.
Plus it's not ideal only getting a 6 months extension by MWP on the port lease, you want to have these things locked in.
Will be interesting when the quarterly cash flow comes out, but given most of the cash from the first shipment went to PRG to cover capex, I'm not expecting alot.
I'm not sure they are selling at a premium to FEX, the...
Add GWR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $32.12M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $10K | 100.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 120559 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 97863 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
10.0¢ |
Change
-0.010 ( 9.09 %) |
||||
| Open | High | Low | Volume | ||
| 10.0¢ | 10.0¢ | 10.0¢ | 19131 | ||
| Last updated 15.47pm 03/05/2024 ? | |||||
| GWR (ASX) Chart |