Opex of $59 per tonne. At $150 rp price, margin is $90.
EBITA is $270m pa.
Subtract $10m for depreciation, $12m for interest, 30% tax.
NPAT = $173m x 42.5% = $74m to UCL
Opex of $59 per tonne. At $150 rp price, margin is $90. EBITA is...
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