If the realised price of AUD 470 per tonne is correct, then we are making a margin of at least AUD 200 per tonne, based on production costs (6.7mln) divided by 23kt + further mining and crushing tonnage.
Company definetely needs to iron out communications over the next quarter, which I am sure they will based on its history of transparency and conservatism in reporting and forecasting.
Next week's release of global phosphate pricing for April should set the share price on fire. Would be nice to see phosphate prices follow lithium parabolic increase last year.
If the realised price of AUD 470 per tonne is correct, then we...
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $31.71M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.8¢ | 3.6¢ | $14.61K | 396.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 534416 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 141471 | 1 |
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| Last trade - 15.22pm 19/07/2024 (20 minute delay) ? |
| CXM (ASX) Chart |