GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-19590

  1. 8,745 Posts.
    lightbulb Created with Sketch. 2629
    This is from the consolidated report from the company for the 2020 calendar year on page 8.

    The FOB cash cost of concentrate produced for FY2020 was US$447/dmt compared with a realised selling price of US$352/dmt.

    The cost of sales in that year was $458 per tonne.

    In CY2019 the cost of sales was $592 per tonne and the selling price was $502.

    2018 was remarkably better with a cash margin (profit) of $424 and in 2017 it was $346.

    Would you agree that the past 2 years Mt Cattlin has been a loss maker?

    I am still looking for details of the Mitsubishi agreement as for if they are still clipping a ticket at 10%? - Any idea?
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

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