E25 2.44% 21.0¢ element 25 limited

E25 Strength to Strength., page-48

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    Thx, yes December is the most informative, currency has moved against them, as they assume 70. Quite a big impact for that, which makes sense I guess because it’s all revenue loss that drops straight to bottom line.

    Also there are credits of approx us$0.65 they are assuming (from a news article). I assume this is in addition to the us$4.37 fob port hedland they are assuming for the manganese? So for those in the know would it be 4.37+65 or 65+3.72?

    thx again
 
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