So if we have off takes for 360K, then we have 320k spare capacity at P680. At spot price of US$7805 which is AUD$11580, less say $1350/T costs and royalties, we stand to make $3,273,600,000p.a. just from our out of contract BMX sales. Throw in contracted sales, Posco JV earnings and a better return on the calix process. We are talking a very large annual profit. And the cherry on top is P1000.
Just my ponderings, not saying that you should take it to the bank, but I am loaded up.
TY PLS.
Ann: Results of BMX Auction, page-80
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