The first 6 months ( to 31/12/13) recorded an EBITDA of $ 60.785m---a poor result, but at least it covered interest
Guidance for 2nd half is to produce 50 % more magnetite than in the first 1/2
This should boost 2nd half EBITDA significantly---are there any old timers out there who could estimate 2nd. half profit ?
It should be a big jump on first
If we get to $ 200m EBITDA for 2014 year and get production closer to 100 % nameplate in 2015 , what would 2015 EBITDA be ? ---$ 400m ?
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