the way I am looking at this is that costs have landed in the 80-90M range for the last two quarters now - about 8 ships at current prices to break even. Is worth highlighting that these costs have also contributed to a pretty significant stockpile of 100M.
looks like the improvement in performance will be pushed out to the June quarter now, with the March quarter shipments looking similar to December. I would expect the cash position to stay around current levels or slightly improve as the positive pricing adjustments flow through in the current quarter . Expecting to see a big increase in stockpiles in the current half.
would be great to get some clarity on the insurance payouts - particularly what they are seeking on the business interruption. Processing costs have been significantly impacted, though it is not clear to me as to how much they could recoup.
the way I am looking at this is that costs have landed in the...
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 40.5¢ | $1.108M | 2.659M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4572 | 42.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 179187 | 6 |
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