Nice to have you back on board@Hopeful9. Sounds like you timed you exit and re-entry well. If so, congratulations ...
Totally agree on your comments re: corporate costs. Fat cats can't help themselves when there is money sloshing around.
Macquarie sheds some light on the mooted WA crushing plant expansion. It forecasts capex of $385m, expects the first full year of operation to be FY27 and forecasts $30m EBIT in that year. Also expects "ramp-up" from there, but the ramp-up is not quantified.
It is pessimistic about the ECA winter crop - forecasting 18MT vs ABARES estimate of 20.8MT and prior-year actual of 29.5MT.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)