My apologies if I am asking a silly question but going through the Financial Snapshot report (above) I could not reconcile the following information on pg6. What am I missing?
Page 6 of the Financial Snapshot
Sales Volume (tonnes Ni) 21,483
Revenue $268,716,000
therefore $AUD per tonne = $12,508
2204 pounds to the tonne = $A/lb $5.68
Realised price before payability $A/lb $7.84
Difference $A/lb = $2.16
Why?
My apologies if I am asking a silly question but going through...
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