Lol do some research mate, I have covered this in the DSO revenue thread, but for your sake:
As quoted from the ann today HB just give an indication of Mn 44% from metal bulletin @ $6.18 tianjin port.
At a supply price of $170 US and High Grade Mn 49
Profit = (49 x $6.18= $302.82 US) -170=$132.82 US per T =$173 AUD per T
Annual Profit = 103,162×173 = $17.8 million minus transport costs.
Plenty of upside my friend!
DYOR!
- Forums
- ASX - By Stock
- GMC
- Ann: Gulf on Track for First DSO Sales
Ann: Gulf on Track for First DSO Sales, page-24
-
- There are more pages in this discussion • 139 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online