ESS essential metals limited

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

  1. 1,705 Posts.
    lightbulb Created with Sketch. 759
    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!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.