Sorry I should have said my numbers are for 2027 as well. (also to note I didnt update the MC in USD just left it there. The calculations are based off the AUD amount.
In reality I think calculating EV should not include cash in this case. (for comparison etc). Also im not sure about debt at the end of year4. this assumes no debt and considerable cash in bank.
Ann: Acquisition of Daunia and Blackwater mines announcement, page-121
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