SMR 4.23% $3.20 stanmore resources limited

Think your cost side looks ok but underestimating revenue. Will...

  1. 392 Posts.
    Think your cost side looks ok but underestimating revenue. Will depend on how much they sell but let's say they do 300k tonnes - 240k coking 60k thermal.

    Based on their presentation they should get about $170 a tonne (AUD) this quarter for coking and at least $100 a tonne for thermal. That adds up to circa $47m in revenue.

    As said will ultimately depend on how much they sell but I reckon circa $10m in free cash flow this quarter.
 
watchlist Created with Sketch. Add SMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.