ESS 0.00% 50.0¢ essential metals limited

Well there you go... the pricing for pollucite has been...

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  1. 1,675 Posts.
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    Well there you go... the pricing for pollucite has been revealed. 

    We look to ship US$16m of product, with cumulative net cash to PIO in the order of US$11.2m as the US$4.8m loan has been repaid. 


    So around AUD$15.4M Less Royalties, so around AUD$14.1 profit. Considering we have mounting Tax Losses, i would think virtually no tax will be paid on this number. So we will have what, 55% of our MC in cash from this, plus say $10-$20m+ of stockpiled material ready for trucking to port through 2019-2020 for cashflow. 

    So US$16m / 1,640 tonnes = $US9,756/tonne of product in it's pure form, or US$848/tonne for 9.1% product stockpiled (19,000t)

    The magical number!

 
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