how can it be profits of $1.5B USD per year when EBITDA for Debiensko was $282M in their scoping and $267M for Jan Karski. With calculated profit margins of $53/t at Jan Karski, to get $750M profits per year thermal prices would have to be about $180/t for Jan Karski and HCC closer to $400/t at Debiensko.
Also given the assumed sales price from the PFS in 2016 (yes prices were incredibly low at the time) they achieved a total NPV of $1.39B for the whole Jan Karski project.
I would question that guy's maths.
how can it be profits of $1.5B USD per year when EBITDA for...
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