TGR 0.00% $5.22 tassal group limited

Yeah, I think that's right with Tassal guiding on D&A. @bug1 I...

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    Yeah, I think that's right with Tassal guiding on D&A.

    @bug1 I have $70m in my calculations too. It's ramping up from 2yrs ago, but should stabilise there. This is because of the way that the salmon licenses were not previously depreciated appropriately and was one of the short-theses. Mark discussed this in the previous annual report presentation. I can't recall the precise wording, but he intimated at +$50m of salmon D&A (or maintenance CAPEX), and my guess was around $20m for the prawns D&A. This should be at our sustaining levels - that is, around $70m p/a of maintenance CAPEX, while growth CAPEX will drop from $68m in FY20, $35m in FY21 to less than $20m in FY22.
 
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