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8,745 Posts.
2629
16/09/17
13:04
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Interesting doing the numbers on that.
52 weeks / 3 weeks = 17.3 shipments per annum.
17.3 shipments multiplied by 14,000 tonnes is annual production of around 240,000 tonnes.
At US$860 minimum that's US$206 million per annum.
And that's before we find out about the 2018 pricing.
BTW another interesting thing us that in Australian dollars that would be the equivalent of around $260 million per annum.
@Bikida I think @happydayz was trying to say that the spot price was fetching $37 per kilogram, which would make it $37,000 per tonne.
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