Sorry, I don't agree with your $100-150 base case, AHQ is selling coking coal and command a price at min USD $150.
I will wait for AHQ to update market on production guidance. I expect bare minimal 60tpm in that annoucement, 40 from New Elk and 20 from BW.
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- Ann: 31 December 2021 Half Year Result
Ann: 31 December 2021 Half Year Result, page-39
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