FEX 2.60% 39.5¢ fenix resources ltd

lol take it easy Einstein.Based on your method, shouldn't it be...

  1. 398 Posts.
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    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.

 
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