If the new Glencore Tohoku contract deal is USD$395, starting April 1st 2023 & it sells 8mt into the export market & similar buyers agree to the precedent
then the question is will NHC make $4b over the contract year, or not?
USD$395 ÷ AUD/USD 0.63 = AUD$626 per t
Minus NSW royaly @ 8% - $50.15
minus operating cost ~$60.00
Equals AUD$516 x 8,000,000 = AUD$4,128,000
That's EBITDA
So will NHC make $4b or not?
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