Ann: Bounty Sumping machine approved and operating, page-6

You are 100% correct with FOB, a complete oversight - good pick up. Makes a sizeable difference as well...

1Mtpa Case - assuming mine cash cost of A$145/t from the August presentation
ROM Production: 250kT @ A$145/t * 0.85
Cash Cost: A$30.8M
Met Coal Produced: 180.6kT @ A$211.55/t
Thermal Coal Produced: 31.9kT @ A$127.4/t (USD$93/t and assuming 0.73 exchange rate)
Total Revenue: $38.21M + $4.06M (assuming 100% of product sold)
Cash Flow: +A$11.47M / quarter

2.2Mtpa Case - assuming mine cash cost of A$100/t from Prospectus (assuming its USD)
ROM Production: 550kT @ A$100/t *0.85
Cash Cost: A$46.75M
Met Coal Produced: 397.4kT @ A$211.55/t
Thermal Coal Produced: 70.1kT @ A$127.4/t (USD$93/t and assuming 0.73 exchange rate)
Total Revenue: $84.1M + $8.9M (assuming 100% of product sold)
Cash Flow: +A$46.25M / quarter --- A$185M for the FY2020, worth the investment PE of 0.6X but lots of risk between now and then and many hurdles to jump...