If we are looking at sales of $137 a tonne and cash cost around $48 per tonne would mean $89 per tonne net.
Expecting sales from Koolan 4mt per year based on MGX forecast and at $89 net would represent $356 million in profit before tax.
If we are looking at $137 per tonne in sales price then this stock is truly a $3.00 stock and plus.
I stand to be corrected on these numbers but the figures are quite significant in this instance.
Any takers on my numbers - is this correct reading on current aud sales price?
If we are looking at sales of $137 a tonne and cash cost around...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.8¢ | 30.8¢ | 30.0¢ | $109.5K | 360.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 147338 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 21541 | 3 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
