my calculation shows a pretty good sell price for the only...

my calculation shows a pretty good sell price for the only shipment in March quarter. it could be wrong. welcome different view/calculation.

As per annual report, 273m as at the end of Feb19.

inflow: 14.55M remaining proceeding from POSCO received in March.

outflow: -4M corporate expense (based on historical average)

outflow: -8M Capex (based on historical average, minimum Capex at sdv during the quarter according to the conference call)

Net Cash inflow of approximately 10M, giving a cash balance of 285.3 as at March 19

one shipment of 15000

cash margin per ton 666.66
cash cost per ton 453

Cash sale per ton 1120