If we assume that 2H FY23 EBITDA is in the ball park of approx $270m (1H was $330m so being very conservative with the drop in coal price etc) then that gives FY EBITDA of $600m. Market cap is currently $750m. I understand the mine life is short (8 years) but the earnings are insane. And am I right to say we are currently debt free as well?
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