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Lithibull, because AT said in the last ann words to the effect...

  1. 914 Posts.
    lightbulb Created with Sketch. 18
    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
 
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