Lithibull, because AT said in the last ann words to the effect that this years increase in price would be similar to last years increase i thought it worth while to tweak those numbers alittle and see how the figures change.
I believe the 2016 price was $600 us per tonne with 2017 price up around 42% to
$857 per tonne. So if we had a 40% increase again this would give us $1200 per tonne which makes my mouth water. Lets use these figures and see how the bottom line looks.
200 000 tonnes x $1200 = 240 million
Cost per tonne $300 = 60 million
Net Cost usd = $180 million
Convert to Aud @ 75cents = $240 million Aud
Also when the fines circuit is installed at plus 10% revenue for half a year as if i understand correctly the machinery will be installed in the first half of 2018.
Lithibull i am not saying your figures are wrong but just thought i would give another perspective as AT tends to under promise and over deliver.
Ally
GXY Price at posting:
$3.85 Sentiment: Buy Disclosure: Held