GWR 5.06% 7.5¢ gwr group limited

Ann: C4 Iron Ore Mine September Update, page-10

  1. 4,447 Posts.
    lightbulb Created with Sketch. 1668
    Yep. It's not exact rocket surgery, but;
    ( Tonnes Sold x Sell Price) - (tonnes Sold x C1 Cost) = EBIT
    Tonnes Sold x Sell Price x 5% = State Royalty = EBIT-R
    EBIT-R x 0.7% = Nett Profit After Tax
    70% NPAT = GWR attributable profit.

    I figured it as $60M - $31M, which washes out to about $15-16M attributable to GWR, and $3-4M to PRG. I haven't put much more effort into it, I'm sure there's a few hooks from PRG in there beyond the $1.7M repayment of capital, plus the mine gate costs and mining costs of the 160Kt of stuff sitting in Wiluna ($1.6M?) that has been paid for but not sold.

    Still, they had a decent run of it at world record Fe prices, which everyone knew wouldn't last. But mid-term if Fe 63% doesn't top A$150/t it's lights out for another 5-8 years.
 
watchlist Created with Sketch. Add GWR (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
-0.004(5.06%)
Mkt cap ! $24.09M
Open High Low Value Volume
7.5¢ 7.5¢ 7.5¢ $3K 40K

Buyers (Bids)

No. Vol. Price($)
2 410000 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 13369 1
View Market Depth
Last trade - 13.11pm 09/08/2024 (20 minute delay) ?
GWR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.