I can't work out the EBITDA of 11MUS$ @ current spot price.
At 82$ we make 57M$.
50$ is 39% less than 82$ so in theory 57M-39% is $34 770 000.
How did they get 11M$?
Love to see their maths on that one.
At spot price over 45 years I get a profit of $1 564 650 000 USD
or $2.3B which I would consider the MC, with no PE at spot price of today.
I've tried hard to get 11M and just can't get anything that low.
Has anyone managed to break that down?
I can't work out the EBITDA of 11MUS$ @ current spot price. At...
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