IDM 0.00% 3.9¢ idm international ltd

Hi BenThe table on page 2. doesn't have come with anyexplanation...

  1. wjr
    53 Posts.
    Hi Ben

    The table on page 2. doesn't have come with any
    explanation or even units so we can only guess what it
    is about. Here is my guess.

    It says Q2,2012 Spherichrome 2.8M, Zircon 1.58M and High
    Iron 258K. I'm guessing these are $ amounts.

    Receipts were 1.89M on the cashflow statement which could
    be zircon (which we know sells) and Hi Iron. Those 2 add
    up to 1.84M on the table.

    This leaves the "2.8M Spherichrome" entry on the table.
    If this is a dollar figure it would equate to roughly
    $250/tonne for the 11,000 tonnes sent to China plus a
    bit for other sales.

    The Spherichrome was only being loaded for shipping on
    20 June, so it is unlikely this cash would make it into
    the quarterly.

    Of course I'm only guessing about all this and may be
    completely wrong. It's a bit hard when the put in a
    table with no explanation or units.
 
watchlist Created with Sketch. Add IDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.