futur 4-6 months,the cash flow will be 11.8mil

The cash flow was estimated to be about $10m according to the project plan last Dec, but that was at a much lower concentrate price but probably also a lower exchange rate.

Now according to the new announcements,we estimate the cash flow as below:

Sale income:

For the first shipment,they get A$6mil for 10500 ton contrate.so 6mil/10500=571 per ton

45,000*571=25,695,000,it should be 25.695mil sale income.


The cost:

For the Septemper quarter,they have produced 14,2000t,so
the cash they will get is 14200*571=8,108,200
the cost of production is 3.4mil,except some exploration cost,should be 3mil,
the cost of delivery to China: around 1 mil for 10500 ton,and another 0.4 mil for 3700 ton not delivered.All together, the cost for delivery is 1.4 mil.
Total cost:4.4 mil
Cash flow:8.1 mil-4.4mil=3.7mil
The sale price :571 per ton
The cost:4.4mil/14200=309 per ton

The margin:

The margin:571-309=262 per ton

The cash flow:
So all cash flow:262*45,000=11,790,000

Conclusion:

In the futur 4-6 months,the cash flow will be 11.8 mil,except some admin fee for any delay.

Welcome any comment for this calculation.