I really like "Estimated EBITDA uplift of $290 million per year upon expiration of existing Stanwell coal supplyarrangement (CSA) and rebate expected from early 2027" on slide 21.
$120 million per year will be saved when the rebate expires and $170 million per year will be saved when the supply arrangement expires. I knew the rebate was bad, but I didn't realise the supply arrangement was so bad.
Ann: Half Year Results and Investor Presentation, page-3
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