Ann: FY21 Production guidance update, page-105

Need a bigger envelope. People keep forgetting that WHC doesn't own ALL of that 20 million tonnes. I also saw the same mistake in the spreadsheet calc earlier in this/ or the other thread.

Maules Creek (12.5 * .75) + Narrabri (4.1 * .775) + TwoBabies (3.8 * 1)
Equity Share Of Production = 9.375 + 3.1775 + 3.8 = 16.3525 mt.

And that's production. not sales. As for their saleable portion of that? A bit less?

So using your calc, using sales of 80%, thats 1.569B. (still unbelievable levels of profitability!)

That's only if you achieve those prices for a full year, which even with the projections I wouldn't count on it (if it comes its a bonus). However with the lag we still wont see it show up for a little yet. (Re projections, WHC was expecting us$90t for 5 years in 2018. That didn't happen. Then a few months ago they were expecting 60t for years. It changes faster than the experts expect.)

I really should just leave and come back in a year