Thanks Ragal, Finally some constructive conversation. from the...

Thanks Ragal,

Finally some constructive conversation.




from the last quarterly and per tonne mined:

sale price Au$1,125
Production costs Au$423
Pre royalty & marketing EBITDA per tonne = $702

Tonnes mined for the Dec quarter = aprox 58,000

EBITDA = $40,700,000 (excluding operation, non production costs)
............................................................................................................................................

March 18 Quarterly:

sale price (15% higher pricing) Au$1,295
Production costs (5% reduction) Au$400
Pre royalty & marketing EBITDA per tonne = $895

Tonnes mined/sold for the March quarter = 60,000 (we have 20 days to ship 15kt)

EBITDA = $53,700,000 (excluding operation, non production costs)


EBITDA = $215m full year Dec 2018