Every time I see someone whinge about the ship being late or missing targets I go back to my earnings spreadsheet
using USD900 sell price and AUD26M debt payment per year. EBITDA obviously improves as they pay down debt . The numbers don't lie in my opinion and I'll put my faith in them not whether Benji007 throws a hissy fit because the ship couldnt dock because of whatever reason.
Column 1 Column 2 0 p/t 1 revenue $ 1,250.00 2 mining costs $ 428.00 3 Debt costs $ 118.64 4 5 GP $ 703.36 6 7 EBITDA $ 154,740,000.00
AJM Chart, page-4496
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