Keith and Alex. Thankyou! actually some discussion regarding NHC...

Keith and Alex. Thankyou! actually some discussion regarding NHC and valuation

Further to your comments about valuation I've been trying look at the numbers in prep for the 2023 numbers - but I dont understand how the unit cost of sales is scaling? Can anyone help me? for instance from the 2022 full year report screenshot below costs have gone up a lot in 2022. Does that mean that if coal price is for example A$100 next year the costs will still be $114.7 per tonne? How do these costs scale? (I understand Bengalla mine site costs have gone up due to flooding and will hopefully have come back down)

Of the points that have been mentioned that I can comment on:
* ASX website states there are 882,394,305 shares on issue. (though t
* To note it looks like they are buying back approx $300 mil worth of shares this year which would be approx 60 million shares or approx 7% of total. Not sure if that's factoring into your calculations. Looks like approx 30 million shares have already been bought back.
* Ive been running the numbers on 8 million tonnes this year, 13 million tonnes in 2025 and 14.5 million two years after. Im pretty sure they are not going to get to 15 million in the next couple of years.