Even at 1 shipment per month we have:
46,000 tonnes of iron ore per month = 552,000 tonnes per year
Current price is 160 USD / tonne = 220 AUD / tonne
Therefore VMS are looking at an income of 121 million AUD pa - minus expenses of course.
Which will increase "...the following months as it ramps up production from one to two shipments per month" to 242 million AUD pa...sound OK for company with a market cap of $120 million.
- Forums
- ASX - By Stock
- Ann: Venture Books First Shipment - Riley Iron Ore Mine
Even at 1 shipment per month we have:46,000 tonnes of iron ore...
-
- There are more pages in this discussion • 824 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.04M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $18.04K | 1.548M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1802150 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1425947 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1756650 | 0.011 |
19 | 4925099 | 0.010 |
9 | 5198333 | 0.009 |
9 | 5166996 | 0.008 |
6 | 4071428 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1425947 | 5 |
0.013 | 1142992 | 7 |
0.014 | 1360037 | 5 |
0.015 | 1367825 | 4 |
0.016 | 1074330 | 4 |
Last trade - 15.27pm 13/09/2024 (20 minute delay) ? |
Featured News
CRI (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online