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Wouldn’t the Q4 price be 560+288=$848 USD/dmt? Going off other...

  1. WayTooLong
    644 Posts.
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    18/04/19
    20:36
    Post #: 38206846
    Wouldn’t the Q4 price be 560+288=$848 USD/dmt?

    Going off other producers of spod, they were achieving between $701-722 USD/dmt for Q4 2018 for SC6.0.
    Will be interesting to see what their Q1 price is.

    So taking a worse case look, if they achieved $701 US/dmt for this Quarter..

    Cash margin for Q1 would be $248 US/dmt. That’s what, a 17% drop on price for the quarter?

    Spod prices would have to drop on the order of 40-50% for Mt Cattlin to start being break even or slightly cashflow negative...
    GXY Price at posting: $1.64 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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