If they sell the iron at current market price, that's $220 aud. Subtract costs of $110 aud. That's an ebitda of over $130 million if they do 1.25 mt . Obviously price is subject to change, and will eventually go lower, but at this rate, the first shipment will be over $6 million ebitda.
If they sell the iron at current market price, that's $220 aud....
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