Further to my last comment about LGC pricing, in the FY17 Guildance section of the FY16 financial results it states that "the LGC spot price has been trading above $80 for the last two months and we expect this to continue throughout FY17". It's been very steady just below $90 for quite some time now and that probably won't change.
In FY17, LGCs represented $20.9m of total $120.2m EBITDA and the average LGC price for the year was approx $70. Now it's almost $90.
I also keep forgetting to mention that electricity prices are significantly higher now than last year. This is why I'm confident that FY17 EBITDA will be at least $130 million.
Further to my last comment about LGC pricing, in the FY17...
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