Yeah so even if you assume 50% at JFY and 50% at spot we have an average price right now (I know things will change) of US$140. At 72c fx now thats c. A$190. COP around A$60. Bengalla producing 600-700kt/mth. So at the moment they are probably making $80-90m EBITDA/mth from Bengalla. Even if you assume prices moderate they are making about $3m EBITDA a day right now.
NHC Price at posting:
$1.94 Sentiment: Buy Disclosure: Held
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