lol take it easy Einstein.
Based on your method, shouldn't it be +$577 not $609? You also shouldn't be including once off CAPEX in the calculation. This should be expensed over the effective life for accounting purposes, not applied against a three month production window (tax treatment can be different).
Given production volume doesn't equal shipped volume in the period, don't you end up with a timing error in your calculation? It doesn't seem to tie back to the A$73/wmt FOB operating margins FEX disclosed.
Price of Iron Ore, page-916
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39.5¢ |
Change
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Mkt cap ! $274.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 69556 | 39.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 38158 | 3 |
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