I guess I am still confused by these conflicting figures
400,000 t 6% 2018 @ $US 841 = $ AUD 1060 @ todays rate = AUD $ 424.26 million not the Revenue figure put out by Min Res 823 million A$ 2018 FY (this was presented as applicable to the Mt Marion section of their accounts) I am enquiring from Perth, if anyone can explain the difference I would be eternally grateful
I do understand the figures put out by Min RES is their 43.1% share as it pertains to the total RIM figure of EBITD A$ 363 figure and is 156 million Surely our share of that 363 figure ( if correct ) would be 50.094 million????
I have a call in to Perth however if any one can enlighten me in the meantime please feel free.
Unless they are expecting an almost doubling of price in the next 12 to 18 months something here does not add up.
Neo says they have no reason to doubt their (MIN Res) announcement figures in their own announcement however their figures contradict the above
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