Member Info for Maksym

Buying 158

in stocks of finished goods about $ 100 million

Based on the latest data on cost, net profit for 2019 will be $ 480-500 million

British Ferrexpo plc, which controls in Ukraine, in particular, Poltava and Yristovsky mining and processing plants (PGOK and EGOK), in January-November of this year, according to preliminary data, increased the production of commercial pellets by 0.03% compared to the same period last year year - up to 9.672 million tons. As the company’s representative told Interfax-Ukraine, the concentrate output increased by 4% during this period, to 12.118 million tons. In November, the company produced 802 thousand tons of pellets, 1.069 million tons of concentrate.
http://www.fixygen.ua/news/20191218/ferrexpo-narastila.html

In addition, tariffs for rail transportation and payroll increased. I estimate net profit in the second half of the year at $ 170-180 million

The cost of production in the second half of the year will be 30% higher than in the first, due to the strengthening of the hryvnia

Why pay dividends if they are taxed?

Zhevago is put on the international wanted list, the fall is due to this

http://www.dce.com.cn/webquote/futures_quote_en.jsp?varietyid=I

https://www.google.com/amp/s/www.globalminingreview.com/mining/21112019/asi-mining-successfully-completes-first-ahs-test-at-ferrexpo-yeristovo-mine/amp/

Ukrainian authorities can’t do anything

In general, the Ferrexpo group in January-October increased the production of pellets by 2%, up to 8.871 million tons, compared with the same period in 2018. By the end of the year, the company planned to produce 10.4-10.6 million tons of pellets. Concentrate production over the same period increased by 4.6% to 10.965 million tons.

Market Mix In 1H 2019, pellet premiums in China average US$33 per tonne compared with the average Atlantic pellet premium of US$67 per tonne for 62% Fe pellets. A change in sales mix away from the Atlantic pellet premium could have an impact on the average realised price and the Group profitability.

The business of Ferrexpo does not consist in ore mining, but in its enrichment and bringing it to a certain condition. As a rule, when ore falls in price, the premium rises and vice versa. The business is capital-intensive and is usually valued at $ 350-400 per ton of annual production. And operating costs are basically the cost of electricity. The entire structure of operating costs is visible in their reports. There are very few pellet manufacturers in the world due to the need for large investments. For example, investments in Somarco at one time amounted to about $ 7 billion, for the production of 20 million tons per year

Pellet prices 62% and 65% are indicated for reference. It is necessary to divide the revenue by the number of pellets sold

http://www.custeel.com/en/csi.jsp
But Ferrexpo has a higher premium of 67% and individual agreements with customers

Ferrexpo sells pellets with an iron content of 67 +%; they have premiums to 65% of the order of $ 35-40. So in the first quarter, the average selling price was about $ 140 per ton of products

https://im-mining.com/2019/11/04/ferrexpo-tests-first-autonomous-truck-asi-tech-completes-initial-phase-epiroc-autodrill-project/

And why should the company maintain the price of shares, their main task is development and high profit

when the maximum degree of pessimism in these stocks comes then growth will begin