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1.4¢ tombador iron limited

Ann: Tombador passes one million tonnes sold, page-7

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CapitalVelocity

31 Posts.

11

19/06/23

20:26

Post #: 68365667
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Hairy, from May presentation - https://wcsecure.weblink.com.au/clients/tombadoriron/headline.aspx?headlineid=61148760

When prices are decent, they need to sell 300-500k/quarter to impress IMO

Originally posted by HairyRichard: ↑

I have them at more than that but it seems to good to be true. Can you share your numbers how you got to 130?
Mine are:
FY22 = 477wmt sold (I don't believe there were sales prior to this but maybe this is where I'm wrong)
H1 FY23 = 221wmt sold
Q3 FY23 = 98wmt
Total = 796wmt

That would mean that 6 weeks into this quarter they have sold 204. Seems far too high to me.

This quote from the CEO could mean that in 6 weeks they hit their highest quarterly sales.
"We have also recently been setting internal records such as the highest sales in one month, and in a quarter, most tonnes trucked in a month and most tonnes loaded in a vessel."
If that's true then we should be seeing a 200wmt+ quarter if that run rate continues.

Maybe there are shenanigans going on with a conversion from wmt to tonnes

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TI1 Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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