FEX just hedged at A170/t for June to December 2023.
Surely SRK can make a small profit from that? If costs are A$150 and they get out 500kt, thats A$20/t * 500kt = $10m profit. C1 cash costs at FEX were A$78/t last quarter.
How is this company only worth $18m? IO is $200 AUD, page-9
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.796M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 154 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 7500 | 1 |
View Market Depth
| Last trade - 16.12pm 11/09/2024 (20 minute delay) ? |
| SRK (ASX) Chart |
Day chart unavailable