They should be able to achieve $2Billion as at $10 profit per tonne = $350million profit.
A price of eighty dollars per tonne, last low point in price chart, minus opex of say $30.00 per tonne,$20.00 something in DFS, gives $50.00 per tonne profit.
Well 5 times $350million
= $1.75 Billion profit per year!
As the above numbers are reasonable low end numbers prices we have to conclude that the $2 Billion profit is easily achieveable.
Cheers EWO.
ps got to learn to use that preview message button!
SDL Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held