Hi posters
I am looking at getting into IFE. Do not hold any stock yet, just number crunching.
Here are my numbers:
Iron Ore Price
USD $120
Foreign Exchange
$1 US = $1 AUS
Annual Production
2 mtpa
Grade
62% Fe
OPEX
$51/tonne
Annual Revenue
$2 x $120 x 0.62 = $148.8 million
Annual Opex
$2 x $51 = $102 million
Gross Profit
$148 - $102 = $46 million
Any comments most welcome.
Ralph
Hi postersI am looking at getting into IFE. Do not hold any...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $10.02M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $154 | 51.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 26339568 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 24696197 | 10 |
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| Last trade - 10.13am 19/09/2025 (20 minute delay) ? |
| TYX (ASX) Chart |