I have time to do it for the current quarter. This is the current state of play as far as I can ascertain - 5 more ships to go:
Yangtze Xing Zhong 80,000 1 CSSC Tai Yuan 82,000 2 DL Dahlia 80,000 3 Theresa Jiangsu 80,000 4 Inception 80,000 5 MBA Liberty 80,000 6 482,000 7 8 Ship #7 80,000 9 Ship#8 80,000 10 Ship #9 80,000 11 Ship #10 80,000 12 Ship #11 80,000 13 882,000
As far as what it means from a P&L perspective, I have a little financial model I am running for MGX and have quickly done an estimate for the current quarter only should we hit these numbers. Note that this quarterly estimate is based on 65% ore at US$135/t, exchange rate of 0.73 and direct costs of AU$50/tonne. So I am probably light on the sales prices with both a lower than market ore price and a higher than market exchange rate, which would more than offset higher direct costs, as I am not confident on my estimate for these at the moment.
Overall, I think it could be a reasonable proxy to what MGX may achieve for the quarter and we should start to see a rebuild of cash when then next report. My investing and financing cashflow numbers for this final quarter are pure guesses and I would expect these to drop right off as we move into FY23, so the Net Cash from Ops number for the quarter, when extrapolated to a full year, starts to become very interesting!
Mt Gibson (MGX) 1 Revenue 163,110 2 Other Income 2,000 3 Total Income 165,110 4 5 Operating Expenses -40,000 6 Depreciation - Right of use assets -2,250 7 FX 0 8 Admin and Other Expenses -3,750 9 EBITDA 119,110 10 Margins 69.9% 11 Depreciation & Amort -28,250 12 EBIT 90,860 13 Interest -250 14 NPBT 90,610 15 Tax -27,183 16 NPAT 63,427 17 18 Net Cash from Operations 93,927 19 Investing cashflows -40,000 20 Financing cashflows -10,000 21 Free Cash Flow 43,927
GLTA & DYOR
- Forums
- ASX - By Stock
- MGX
- Ship tracking thread - only. Reading is optional
Ship tracking thread - only. Reading is optional, page-47
-
- There are more pages in this discussion • 633 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGX (ASX) to my watchlist
|
|||||
Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $341.1M |
Open | High | Low | Value | Volume |
29.0¢ | 29.5¢ | 28.0¢ | $452.0K | 1.581M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 719630 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 32325 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 712010 | 0.280 |
3 | 112000 | 0.275 |
2 | 85000 | 0.270 |
2 | 54609 | 0.265 |
4 | 49750 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 122114 | 3 |
0.300 | 128733 | 3 |
0.305 | 40500 | 1 |
0.310 | 50500 | 2 |
0.315 | 398974 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
MGX (ASX) Chart |