Yep, shareholders know this, been discussed at length, it's on the balance sheet under "Deferred consideration liability" - as of the March 2025 10-Q report it is US $296,748.
The Deferred Settlement Liability was created when the NCSA was signed in 2019 at a value of US$150m and it increases by 13% per annum (note it's in AUD value - so exchange rates make the numbers vary over time). It was the sum and terms agreed for accessing the coal in the SRA.
Importantly, once the NCSA starts in 2027, the discounts to market price will be reducing the Deferred Settlement Liabililty (they will be paying off this debt/liability by supplying the thermal coal to Stanwell below market prices).
CRN Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)