Hi mate, Ships vary in size so no good way to thumbsuck it....

Hi mate,

Ships vary in size so no good way to thumbsuck it. However if @miningnut has the exact weights of the ships last quarter we can work out a pretty good estimation.

I'm working off 650,000t for the quarter as 1.3m forecasted for H2 sales.
assuming an average realised price of 125USD = $180aud
assuming an average unit cash cost of 85USD= $125aud

Which would be 35.7m aud profit for the quarter. (assuming no other major outlay).
Probably looking at something similar for the current quarter with increased sales but a lower realized price as iron ore price not as high as it was in July.

Expect the dividend will still remain the same given the cash outlay at the front half of the year. should wind up with around 210min cash minus 10m or so for the divi for year end.

SF2TH