As a pricing guide, I've been watching the Iron Ore fines 65% price - US$240/t +2.6% yesterday (Offshore export price Brazil to China).
Who knows what will happen over the next month, but this price equates to approximately US$229/t for 62% and a likely guide to what we may receive.
On this number, the July 30,000 tonne maiden shipment would deliver circa US$6.87m cash flow, or approx A$8.9m (@AUD77).
A pretty handy addition to the bank balance!
Regards,
Pihrana
Cash Flow @ Spot Price
Add TI1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.21M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| TI1 (ASX) Chart |
Day chart unavailable