RE: Price per tonne22 Jan 2022 06:06
I see
In y/e 20 figures if you take revenue and then look at cost of sales for the tonnage the cost per ton comes to 13.12 AUD
Looking at the currency for the year ending 20 this puts the BRL cost at between 36.736 and 52.48
So using the mean of those two figures and todays BRL/AUD rate puts it pretty much at 11.00 AUD
The sale price we know is 200 BRL which is 50 AUD
This gives a GP of approx 39.00 AUD per ton
So for 150,000 tons a gross of 5,850,000 AUD approximately
With costs of 3,000,000 AUD this would give an AUD profit of 2,850,000 approximately
I am now invested here as of last week but still keen to get to the correct figures as I am considering adding
I have read many articles in the Brazilian press and many researchers seem to be supporting remineralization and with the size of the market potential it seems like a reasonable investment at this price as the growth curve is looking good.
There is talk of increasing prices this year but we have no information yet but an extra 10% would give 6,600,000 GP and after basic costs 3,600,000 AUD
I dont think we are too far apart