C'mon mate. Why would you say "annualised basis?
It was a pretty straight forward question I thought
"What's your EBITDA forecast on NSW operations and the Queensland operations. To be released on Friday?
Full FY."
Even if you were talking annualised basis, it is still way off the mark given the current price of met coal. (it has depreciated significantly from July to now)
Assuming $AUD271 on an annualised basis and 3.2mt a quarter it's still just under $AUD700m. That's $AUD400m over my quarter estimate if you annualise my estimate.
So basically you are saying QLD operations EBITDA for the 4th quarter is coming in at $272m? Is that right?
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