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my point is the DFS refers to annual average EBITDAv A$m/p.a....

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    my point is the DFS refers to annual average EBITDAv A$m/p.a. 114

    the "v" on the last page says the A$114M is "nominal"

    in other words, using "real" numbers, take 150,000 tpa x US$614 less US$262 costs x 70 cent exchange = A$75M EBITDA

    potash project doesn't look as good using "real" numbers
    Last edited by ddzx: 09/07/20
 
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