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Invesco Emerging Markets Sovereign Debt ETF V.PCY


Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.


ARCA:PCY - Post by User

Comment by str8tgoodson Jan 10, 2011 10:51am
467 Views
Post# 17947883

RE: 120,000MT per month @ $35 per MT?

RE: 120,000MT per month @ $35 per MT?The $35 per MT is a minimu price so hard to calculate a true figure using this number.

As to the 120,000 MT per month that's their current capacity using the leased equipment, and JUST has guaranteed to purchase 1.2 million MT per year for 3 years. 

Without final selling price, you can't calculate revenue, but at minimum the 1.2 Million MT translates into 100,000 MT per month or $3.5 Million using the minimum price for coal.

Production should gradually ramp up in time.

Chandgana should make Prophecy bigger than South Gobi IMHO, and the other assets will be a bonus to investors.  GLTA
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