Thanks Scooby.
Remember the $US50/t cost is ONLY at the 14-15mt/a run rate. It will take a while to get there, so costs/t are higher until then. Then after a year or so, they go back to 10mt/a so costs/t go up. They deliberately have not made that clear. Then at 6mt/a, costs will be higher again.
Plus I looked at the LT debt in the prospectus,the $Aus number given was at a currency of 79. something cents to the US$. So current $Aus LT debt is higher at 76c.
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