Thinking realistically but still positive. Lets say next 12 months they can meet the 1.4 m tonne delivery. Lets say the price of iron ore moves around and hedging etc.
lets say they clear $50 per tonne ( at present they should be well north of $80 plus).
$50 per tonne profit conservative and realistic number. $7 million plus the $5million in bank.$12 million in bank or greater looks comfortable from the couch this morning.
market cap should start moving up very soon the longer iron ore stays up.
Thinking realistically but still positive. Lets say next 12...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.48M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $36.34K | 2.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1581295 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1103111 | 4 |
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| Last trade - 10.28am 07/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 194376 | ||
| Last updated 10.28am 07/05/2024 ? | |||||
| CUF (ASX) Chart |