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findinggems

3,115 Posts.

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22/11/17

17:56

Post #: 29030957
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Originally posted by Thesi ↑

Hi @alpet and @Jehosephat,

I think you guys are trying to work out how much will have been shipped this quarter?

From memory now any shipment sent has 30 days to be paid for.

Going back to @Bux436 fantastic guide... >>FANTASTIC GUIDE<<<

If we are going to say that each shipment would be paid in the 30 days. (and no sooner)

Then it looks to me that these are the shipments that will make the next quarterly revenue.

View attachment 842846

The bottom 4... Just showing the one in August, though that payment would have been by the 9th of September.

Any shipments from 1st December onward would fall into the next quarter.

Adding those 4 ships comes to 59,100 tonnes.

The average sale price reported in the last quarterly was US$843 (A$1,062)

Result for next Q might be: US$49,821.300 (A$62,764,200)

On an annual amount that might work out to be... US$199,285,200 A$251,056,800 which is based on 2017 pricing and no tolling.

Expand

Now how do we calculate the cost to arrive at a "back of the napkin" earnings ?

GXY Price at posting: $3.68 Sentiment: Buy Disclosure: Held
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