Interesting post on UK Stratmin BB
New July Port export data published
Http://portexaminer.com/trade-data/graph-mada-sarl-asbury-graphite-mills-inc/lgfrmdg15060019/
The secret is out
Stratmin sold 40 tonnes to Asbury Carbons, arriving in US on the 20th July:
20 tonnes sold at $1800 per t
20 tonnes sold at $1285 per t
Selling average ~$1500 per t vs cost under $400 per t
As per last announcement
900kg per hour x 24 hours = 21.6 tonnes per day
21.6 tonnes x 6= 129.6 tonnes per week x 52 = 6739 tonnes per annum or 561 tonnes per month
Gross profit ($1500-$400) x 6739 tonnes = $7.4 million
Sales av $1500 as per today's Portexport data
Cost under $400 per / t as per STGR website
Net profit say $5.2 million after deducting overheads of $2.2 million
New Mahefadok plant running at 12,000 tonnes per annum should increase net profit to over $16 million.
Additional profits will also be generated by increasing grade to 96% capacity and of existing Loherano plant (to 12,000 tonnes per annum) and 45% share of 12,000 tonnes per annum production from new JV with Tirupati.
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