Nigh end of quarter so he's my guess...
- sold 626kt
- inventory build 56 kt
- average CIF price USD 87.28 (AUD 115.17)
- average FOB price USD 75.16 (AUD 99.17)
- gross profit ~ AUD16.4M
- inventory investment AUD4.1m
presumably some investment in tailings dam and maybe more in pre-mine stripping. So IMO cash generated will be something less than AUD12M
at revenue level, better than 06/2016 quarter by around AUD8 / tonne ... relative to my salary that's not loose change!
mystery remains - what they'll do with [growing] cash pile.
imo downside risk in estimates are sales tonnes and 'capital' investment in mine (including tailings dam)
have a great day!
Nigh end of quarter so he's my guess... - sold 626kt - inventory...
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $422.4M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 36.0¢ | $608.4K | 1.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22212 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 29809 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |