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.
My back of the envelope calcs estimate about A$1m cashflow from...
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $222.2M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.5¢ | $170.3K | 536.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 253968 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 279809 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
32.0¢ |
Change
0.005 ( 0.79 %) |
||||
| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 31.5¢ | 238762 | ||
| Last updated 15.28pm 24/05/2024 ? | |||||
| FEX (ASX) Chart |