For the benefit of all interested parties on this thread I thought that a review of how the DSO formula works might actually be helpful. The tonnage that the company is currently allowed to export is based on the % of works completed vs the eventual capacity of all smelters under construction. That means that as the smelters are ramped up the actual tonnage figure increases at the same speed.It also means that as smelters 3 and 4 are started that the DSO number will increase accordingly. Bear in mind though that there there is a seriously long lead time between signing contracts for the purchase of new smelters and their delivery on site - around 14 months. The DSO facility (if that is the correct terminology)expires, along with all other parties' DSO, at the end of 2022. If the Indonesian government sees fit to extend that by a further 5 years (as they have once before) then we are looking at some serious cash flow numbers that even I haven't included in my spreadsheet.
- Forums
- ASX - By Stock
- Ann: Gulf on Track for First DSO Sales
For the benefit of all interested parties on this thread I...
-
- There are more pages in this discussion • 129 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