TER 2.44% 20.0¢ terracom limited

Potential Coal price cap and impact on TER, page-47

  1. 869 Posts.
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    It looks to me like the cash cost is $228/t, so if the price cap was $230/t, the dividend would only come from the South African operations i.e. the dividend would be cut by 67.5%.

    But at a lower price cap, BA would have to transition to care & maintenance, which would eat away at the cash generated from SA resulting in an even deeper dividend reduction.

 
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