S32 2.14% $3.66 south32 limited

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  1. R21
    1,410 Posts.
    lightbulb Created with Sketch. 196
    Nice workings.
    The met coal data I found on twitter: handle - @coalmint

    You're spot on, EBIT sensitivity on annualised basis but I read that segment EBIT sensitivity as USD185m p/a is per 10% price movement from the latest realised price in 1H22 reports of USD303.
    So if we're at ~USD600/tonne met coal then that's 10 lots of 10%? Over USD1bn firmer on the bottom line on annualised basis. Or am I way off?
 
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