Hey Lig, can you help me understand the calcs for how we would be 5M in the black?
My interpretation of the statement was that we were paid the money for the 35kt shipment and the 31kt at port. So sold 66kt at an av approx price of 5.85/dmtu assuming 30% mang (hopefully I haven’t butchered that).
Also offering a suggestion for the high admin cost, but could have some of the capital outlay for the new equipment (scalper and stacker) somehow be involved?
Thanks for the help
Ann: Quarterly Activities Report, page-11
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