it doesnt change the fact, that post 2027 (early), the cost/ton comes down drastically, production goes up, rebates go away ... all this generating hundreds of million of free cash flow.
yes, they are burning money as of now. however, the assets are attractive and definitely more than A$450 mln of EV.
CRN Price at posting:
16.8¢ Sentiment: Buy Disclosure: Held
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