TER 4.88% 21.5¢ terracom limited

Back through 20c - not too far away, page-55

  1. 1,220 Posts.
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    Let's ignore this
    "...BA coal sales forecast for the December 2021 Quarter to be 575,000 tonnes withforecast revenue of A$224 per tonne2 at a forecast operating cash margin ofA$134 per tonne4. Blair Athol Operating EBITDA for December 2021 quarterforecast to be A$77 million."

    where Note 2 is "Based on forecast market indexes as at 22 October 2021 at an FX of 0.75."

    Instead:
    I just looked at Charlie Boy's 3rd Nov 2021 futures list. Would not "BA coal is fully sold until end January 2022" just be, that TER have accepted all contracts out to Jan 2022 as per Note 2 with some certain tonnage it would be happy to risk e.g. 80% of BA?
 
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