thats pretty good for FOB. circa $61-69 AUD to port. those export prices will reflect shipping costs as its a "export price"....
i'd also note, the "indicative pricing is within the range".... 1, its indicative and 2, there is a trade off for bulk tonnage.... you could chase a few more dollars per ton, but you'd likely shift smaller and smaller loads increasing complexity elsewhere in the supply chain and administration....
at a million tonnes, thats an EPS of 8-9c a share...
a reasonable $30-39 profit margin per ton before tax.... nothing to sniff... and then half your operating expenses will come off the tax rate...
for foundary sand i think this is pretty tidy..... sure its not google or amazon, but its a solid earner to be a corner stone as they pivot to the flag ship.
Add to My Watchlist
What is My Watchlist?
