I just read something more concerning your sale price on gas to Alcoa is based on the Brent Oil price in USD as disclosed in the previous quarters cash earning statement.
Im not sure why they do that but have a look at the price of Brent Oil recently:
http://www.investing.com/commodities/brent-oil-advanced-chart
The benefit is that it is US dollars so while the Aussie dollar is dropping you will earn from that hedge but Brent has halfed in 6 months.
So really you heavily effected by the drop in oil ?
Funny no one mentioned that ?
Capital Raising, page-48
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