Sales revenue per lb is US $3.30 Cash Operating Costs per lb is US $1.45
Lets say conservatively, AUD$ = US$0.75
Then in $AUD terms:
Sales revenue per lb is $4.39 Cash Operating Costs per lb is $1.93 Profit = $2.46 per lb or $5.41 per kg or $5415.3 per tonne
If 3,166t are produced from the processing plant and if this figure is the salable amount that is going to be shipped out to China, then Profit = $17,144,639
Finally, if we deduct the smelting charges of 25% then we do get a figure of $12,858,430 which is close to the $12.5M reported.
Again, my figures could be a little out of whack or wrongly assumed so pls DYOR.
FXR Price at posting:
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