if they have done 10 ships at 80k t per ship.. assume the cost blows out and is 150 a tonne and the average price achieved is 350, we pocket 160M for the quarter.
cash and receivables end of last quarter was 331 M, i think its conservative to say we are going sitting on 500,000,000 end of quarter…
likely costs 120, price received probably 360 so my money on around 200 mill for quarter give or take..
Disclaimer:
all my thoughts and not and not advice, could be wrong so check figures yourself and do not rely on this post for any investment decisions.
if they have done 10 ships at 80k t per ship.. assume the cost...
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