Original Post had a tax calc error
Over the last 4 weeks Iron Ore Spot has averaged = $US95 and AUDUSD = 0.93
I put these numbers into my model. Assumes no dividends are paid.
All numbers are $USDm
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 0 Start EBITDA Capex Interest Tax end Paid off 1 FY2015 -8,000 4,435 -1,318 -560 -767 -6,210 1,790 2 3 FY2016 -6,210 4,435 -1,318 -435 -805 -4,332 1,878 4 5 FY2017 -4,332 4,435 -1,318 -303 -844 -2,363 1,970 6 7 FY2018 -2,363 4,435 -1,318 -165 -885 -297 2,066
Original Post had a tax calc error Over the last 4 weeks Iron...
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