PLS still making a healthy profit where many others stopped production due to costs being higher
than the selling price.
Last reporting was cost price at $444US/T and selling it at $1100US/T.
I am thinking they will have lowered the costs to under $444US/T and if that is the case
the profits might be $700US/T.
Now is it 680,000 tonnes or 660,000 tonnes they are exporting. I thought it was 680,000 tonnes.
680,000 x $700US comes to $476,000,000US divide currency of $0.66US now comes to
$721,000,000AU
I am guessing we will see a dividend of 2c to 5c or could be more.
They say they do 30% of profit to divs if profits are good.
So $216,000,000 could go into divs.
How many shares are there now. Something over 3 billion.
Not sure what their tax rate is with debt they have.
They doing a report in a years time to see if they can go to 2 million tonnes per year.
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