Ann: Sedgman Claim Rejected and Heron claims Liquidated Damages, page-57

Would be very happy with EBIT of 353m for first full year production. This is a 20% discount on the off take agreement production numbers above (Post #: 37618103). If that target is reached then EBIT would be around 442m at 03/2019 metal prices.

NPAT it's hard to say. Usually you get people & plant teething issues, fine tuning ore grade variation, re-payments on the 110.2m debt, CIM payment (worse case) etc would push cost on the high side.

Not a trade to be in if you are faint Matt so size your holding on the cautious side until real numbers come out