Current assets
193m. (Incl 143m cash)
Increased cash for the year 29m
- annual report as at 31 Dec
$37,063 per ton AUD received last quarter
1,357 tonnes last quarter as our share of production
Assuming the same costs we can make a rough calculation on the increased revenue and cash flow per quarter
Todays price US $32,900 is $50,536 AUD
$13,473 increase in revenue per ton sold
X 1357 ton
$18.2m AUD increased revenue
X4 quarters
$72.8m increase annually putting increase in cash balance around $100m p.a
With 143m in cash and possible 100m+ p.a increases our war chest of cash is set to rise rapidly
Let’s hope the tin price remains long and strong!
Good luck all patient holders - do your own maths and make your own decisions
Current assets 193m. (Incl 143m cash)Increased cash for the year...
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