July - December 2021 EBITDA was A$141M (combined BA and SA), this January announcement includes 1 vessel that didn't sail in Dec... However that aside, absolutely huge.
Cannot wait for the refinance and introduction of distribution - starting to show a lot of similarities to HZN...
With the futures market holding strong, the company may not want any debt, however I am still confident of a sub US$100M package (which could occur by March), a return to distributions and a continued amortisation of the new debt package... 2021/2022 have been and will continue to be transformational years for the company. An excellent place to have some $$$ at the moment, especially with rising interest rates and froth everywhere else in the market - cash may well become king again after years of debt fueled growth.
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- Ann: A$38.5M EBITDA achieved at Blair Athol in Jan 2022
Ann: A$38.5M EBITDA achieved at Blair Athol in Jan 2022, page-7
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