actually if we were breakeven there would be no income to tax right?
so I need only use CIF and sustaining cap ex
*cost of sales(CIF) = 235,800 x A$733 = A$173m
*sustaining cap ex etc = A$63m
Total costs A$236m
convert A$ to US$ divide by 1.5
US$157m
breakeven per tonne would then be US$667
($157,333,333 / 235800 = US$667)
so don't panic
maybe we would be making money even if spod got to US$700
actually if we were breakeven there would be no income to tax...
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