WSA western areas limited
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Estimated Additonal earnings at current PON

  1. Bobbieb
    862 Posts.
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    22/08/17
    08:53
    Post #: 26650734
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0              
    1 Nickel in concentrate 2016/17 23000 tonnes per annum and 2204 pounds /tonne
    2   50692000 pounds        
    3         AUD/lb Total Earnings
    4 previous price nickel 4 US/pound at AUD .75 5.3333333 270357333 270 mill
    5         AUD/lb Total Earnings
    6 current price nickel 5 US / pound at AUD.79 6.3291139 320835443 320 mill
    7              
    8       Additional profit 50478110 50 mill

    This is in line with WSA previous announcement that a $1 increase in PON increases yearly EBITD by 35 Mill.
    WSA Price at posting: $2.48 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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