These guys dont like to tell you much but with the last 2 activities statements and the half year accounts we can work it out our selves!
From the 2 activities statements sales of 1930t + 1173t total for the half year 3,103. revenue from sales for the half year ended 31/12/11 was $1,062,391
This gives us the price per tonne of $342 which will be going up to $383t on the 1st of March 2012.
There is also an extra 1,045t from the dec quarter that was sold in Jan so will add to 3rd Q revenue
For a long suffering shareholder who has lost a lot of money, these figures make me alot more confident.We might even be able to self fund our expansion to 75,000t ($28,000,000 Revenue) and up to 130,000t ($50,000,000).
Of course we need confirmation of successful ramp up to 30,000t first.
Thoughts?
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