So the march to selling our new increased production begins. C and D logistsics is a massive player in the Asia region for kaolin and such like. Main points to take away are:
1/Product earmarked for the premium paint sector and will attract a ~35% price
premium compared to the weighted average selling price achieved in H2
CY2022
2/ whilst the Company advances a multi-year contract
I would have thought the sensible plan is to keep selling out pittong giving us 12-15 million $ EBITA and then we can start on Trawalla to sell even more.
i like the strategy of slowly and carefully developing an income producing base which will surely see our SP rise and once we have fully sold out Pittong we will have a firm base under our SP as we are a profitable producer. Then we can bolt on more income stareams as time moves forward. sand, green concrete and ? Slow and sensible wins the race
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