You can sort of accurately predict what cps is being made on a weekly basis. So each week we have these 120-130 prices (super specials probably getting 111-113 USD per dmt at the moment). It brings in around 8-8.5 cents (AUD) a share profit after the company tax taken out each week.
This is ignoring the fact some of the ore is a bit higher in quality. But I think it is better to be a bit conservative on these estimations.
If these prices hold up even for just another 3 weeks and then say go back to like 80-90 per tonne for the rest of the year (62%) we probably will still beat FY2019/2020 record profit (excluding any abnormal events that may happen between now and July 2021) .
Of course we could have these prices for much longer but yeah I can't say anything on that but we can hope.
Iron ore price, page-23673
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