Clever defence, Ha ha I said you could drive a truck through the gaps.
So usually PCI price is 75 to 80% of HCC price.
Let's be optimistic!
80% as it does get to 85% at times.
So BBM HCC coal expected to be sold at 90% of benchmark
BBM PCI at 10% premium or 88% of HCC benchmark.
So my dear critic in my wild approximations as declared.
No I did not forget 40% plus is PCI
Please put your shares on market. The trifling number will make no difference anyway.
Ann: Infrastructure Joint Venture Advances to the Next Stage, page-375
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