3 year outlook?, page-22

For the Dec Qtr.

100Kt of export thermal at $100/T.

Thats $10M PRE Tax/Production costs(which I believe are quite high at about $80/T.

So around $2M profit from the export business.Could be better if they catch the good end of these export prices flowing through now.

OCT/NOV/DEC 100Kt/month DOMESTIC from Vlakvark.

Thats 300Kt at a $3-$5 margin or around $1M PROFIT.

Im expecting anyway between $2M and $3M PROFIT for the December Qtr +/- $300K.

Guess we'll see in late Jan Scotty.

Otherwise give Jason B an email.Im sure he'll have some numbers to hand.He's VERY keen that the market see's these numbers for what they are.PROFIT!!!

Dare I say,no profit,no sp catalyst,although the market WILL EXPECT such figures imo and may well prefactor them in during December/Jan.Also the better part of the spec cyclic.

d(Clever cloggs).