Well there you go... the pricing for pollucite has been revealed.
We look to ship US$16m of product, with cumulative net cash to PIO in the order of US$11.2m as the US$4.8m loan has been repaid.
So around AUD$15.4M Less Royalties, so around AUD$14.1 profit. Considering we have mounting Tax Losses, i would think virtually no tax will be paid on this number. So we will have what, 55% of our MC in cash from this, plus say $10-$20m+ of stockpiled material ready for trucking to port through 2019-2020 for cashflow.
So US$16m / 1,640 tonnes = $US9,756/tonne of product in it's pure form, or US$848/tonne for 9.1% product stockpiled (19,000t)
The magical number!
- Forums
- ASX - By Stock
- PIO
- Ann: Sinclair Pollucite Shipments Commence
Ann: Sinclair Pollucite Shipments Commence, page-3
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online