E25 2.38% 20.5¢ element 25 limited

Your discount of 30% for the 33% grade is inflated. You can not...

  1. 2,688 Posts.
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    Your discount of 30% for the 33% grade is inflated. You can not match the numbers of last quarter if you assumed that "30% discount" is correct.

    I understand the discount is more like 15%. So rather than substracting US$1.63/dmtu, I would use US$0.80/dmtu. This is over A$3M difference in your second column (2x shipment). So you have a big assumption there, mate. We'll see.




 
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