I must admit I have only half followed the details of the recent deals. I was a little surprised the $102 per tonne profit only equated to a few Million in extra cashflow, albeit it $10m was a timing issue and $4m was the hedge going against us. i guess I just got used to seeing $20m+ cash being added every quarter.
Re the $5m to Sinosteel and the $5m loan funding, are these one off expenses or recurring?
And the $8m in taxes and royalty payments, I think they really need to break them out into two. One is the cost of doing business (Tax), the other can be the sign of a bad deal (royalties).
I must admit I have only half followed the details of the recent...
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Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.5¢ | 28.0¢ | $179.2K | 640.0K |
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| No. | Vol. | Price($) |
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| 3 | 80586 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 28.5¢ | 98169 | 2 |
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| Last trade - 14.15pm 01/05/2024 (20 minute delay) ? |
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| Last updated 14.36pm 01/05/2024 ? | |||||
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