IEC 0.00% 0.2¢ intra energy corporation limited

Ann: Update on negotiations with Caspian Limited, page-22

  1. 383 Posts.
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    Just looking at the last annual report and they stated that the underperformance of Caspian was costing them 20,000 tons per month of production.


    At $58 per ton x 20,000 = $1,175,000 revenue increase per month through the removal of Caspian x 8 months = AUD $9,400,000


    This almost offsets the costs of paying them out as I see it

 
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