IFN
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I've been keeping a close eye on LGC prices as well and have...

  1. wealthysailor
    87 Posts.
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    27/07/17
    18:53
    Post #: 26124081
    I've been keeping a close eye on LGC prices as well and have seen them move considerably based on midpoint index
    07/06/2017 Cal17 - $79 Current Cal17 - $85
    Cal18 - $74 Cal18 - $87
    Cal19 - $56 Cal19 - $72

    Additionally based on my calculations I expect FY17 EBITDA to be roughly $141M compared to the revised forcast of $136-138M. With this being based on managements Q4 production estimate of 245GWh and cash costs approx $55M.

    I'm looking forward to the possible announcement of upcoming catalysts already mentioned. If not by FY17 report on 28th Aug I'm interested to hear managements commentary on operations and how everything is progressing.

    WS
    IFN Price at posting: 75.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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