Ann: Karara Funding Update , page-21

Some clarifying feedback I sought from GBG:

The only thing that has changed is the use of Platts index to replace the now-defunct Hamersley benchmark as the reference price. There are still adjustments for grade and quality.

One of the criticisms we have received from investors is the increased risk of being reliant on one customer. The ability for us to sell outside the contract diversifies our customer base and puts us in a much stronger position.