Last presentation at the Noosa Mining Conference gave us: AVG...

Last presentation at the Noosa Mining Conference gave us:
AVG FOB Cost $32.72
AVG FOB Received $45.24
( I think these are Dec 2016 figures )

If $61/t holds.....Goodie!

FORGOT TO ADD THE EFFECT ON EBITDA!!!!!

If my understanding is correct and FOB received goes from $45.24 to $61.00 then the Ramp-Up to 1.5 Mtpa return goes from $18.8 million to about $34 million, and then the MLM share goes from $9.4 million to $17 million per annum!! ...........Double (almost) goodie????

Someone out there please tell me I am correct!