Video snxx com sxy not chay one by one

Why do you think that all technicians have to be always right is beyond me.

26.7p is the 200 day moving average , that I have as a good barometer of this trend . As RSI cools off and hopefully refuels for the next leg into the 30s .Imagine there's 10MTpa sold at the current off-take price of $145/T. With a (conservative) margin of 70%, that's $1bn of EBITDA.Using the same interest profile that would mean $700m of taxable earnings.This would produce, under the metrics above, after-tax earnings of $2.45bn.

After debt repayments of $180m and even with cap-ex of up to $500m, there'd be $1.77bn potentially distributable to shareholders.

Let's assume Corporation Tax heads back north up to 30% by the time this mine is productive. I'm calculating the repayment of the principle on the debt at $180m.