Hi Blackholesun, I could only find 22,169 currently at port to be exported and in the sales agreement it is then 20kt a month so approx. 80kt by my calculations next quarter, does this seem right? Either way this is a step change for the company, it says it will be linked to API4 index which is a bit less than the ICE Newcastle index, but still very good prices. Will be interesting to see what prices they get and then start to look at what sort of revenue we will get. Say 80kt by 250 - 300 USD as you have said, which would be approx. 80kt 350 AUD - 430 AUD = 28 mill to 24 mill AUD, will then have to take out the %5 fee for Overlooked. It starts to make this a very attractive investment even at current prices.
What are your thoughts @hilly_sandman with regards to pricing, tonnage and outlook?
Ann: MCM Uitkomst Coal Sales & Marketing Agreement, page-8
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