Investors' questions:
In the first quarter of this year, the price of 30% grade phosphate ore is 1000 yuan/T, and the company's output of phosphate ore in the first quarter is 18 tons. Can you predict the company's phosphate ore profit like this: 180000T * (market price 1000 yuan/T-cost price 200 yuan/T)=144 million?
The Secretary answered（ Batian Shares SZ002170)：
The Xiaogaozhai Phosphate Mine of the company is currently in the construction period, and the average grade of the engineering ore is about 24-25%. After the formal mining of the mine, the grade will rise to a certain extent.
Disclaimer: This information is extracted from public information by Sina Finance and does not constitute any investment advice; Sina Finance does not guarantee the accuracy of the data, and the content is only for reference.
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