hey bull,
I hear what you’re saying, but IMO they will get 7 ships out based on their transport rate of 4800tpd, they hit over 5000tpd in the last Ann.
June and July prices 62% fines platts average was over US$200pt, we will receive those prices for July and August. Plus lump and grade premiums. The average price this month will be what we get for September.
Need to discount the 70/30 split as well from that.
FEL forked our $2.5mil for extra share of what they’re working on. Will be money for jam selling to MIO at the gate.
Also add last shipment from last quarter to cash payment in this quarters figures.
It’s more complicated to crunch the numbers for GWR with all of the JV’s and offtake agreements in place compared to my other IO stock FEX, but I’m happy to conservatively say $30-40mil in the bank for the quarter based on what I’ve mentioned above
hey bull,I hear what you’re saying, but IMO they will get 7...
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