Here are comments addressing questions/comments from...

Here are comments addressing questions/comments from pastperformer and Greatone.

Here are more details explaining on how the produced values have been obtained.

The corresponding line

“Net profit US$1.50/share => earnings US$1.05/share or AU$1.44”

includes a 30% tax applied to the earnings of US$1.50/share. 30% fromUS$1.50 is US$0.45 => US$1.50 – US$0.45 = US$1.05.

How did I get a figure of US$41.5 for the full cost?

As per the FY21 report we have

Sales revenue $US22.3bn

Net profit after tax US$10.3bn, so net profit before tax is US$10.3bn/70% = US$14.7bn

Full cost is $US22.3bn - $US$14.7bn = US$7.6bn

Full cost per 1 ton of IO production is US$7.6bn/182mlnt = US$41.5/t

Note, that an error of not exceeding 1-2% is in the above mentioned calculations.

One very important point that I forgot to make in my original message is that who cares what the company profit would be with the IOP at US$50-60, at this stage the IOP are far higher than the specified range, so all figures calculated with that assumption don’t make any sense as it will NEVER happen in the nearest future.