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mosaz77

92 Posts.

01/02/16

15:43

Post #: 16915017
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Originally posted by Wazdan ↑

It could go something like one of these 3 :

Announcement: price sensitive.

1 First shipment from Mt Cattlin of 20,000 tones @ contract price of $700.00 per ton
Shipment departing port 31/3/2016
Current cost per ton at port $100/t
GXY's 50% profit income on first shipment $6,000,000
Shipments to continue at approximately 20,000t per month to a gradual increase by 3rdQ to 30,000t

2 Gym's first payment of $6m has been received

3 Progress at SDV is on track with MOU agreement with "XYZ" to commence construction in its quarter 2017 with first shipment 4th quarter

I think that would do just fine thanks.

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Previous cost of production was over A$400. Cheers.

GXY Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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