My back of the envelope calcs estimate about A$1m cashflow from that first shipment.
The assumptions I used were average IO 62%fe of US $120/t of which a US$10 /t discount for the +60% Fenix TP Lump.
If FEX make 30% on the sale with 70% for 10m (~US$2mFEX / 10M US$4.5m).
FEX pay $40/t at mine gate so that needs to be removed and the $60/t haulage & port services added. I've estimated about A$10/t profit from haulage and port.
Just rough calcs (I'm in the car so can't do a thorough calc) but should add positively to the bottom line.
Ann: Fenix completes first shipment from Twin Peaks, page-3
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.3¢ | 25.0¢ | $497.3K | 1.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20017 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 30000 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FEX (ASX) Chart |