Q2 AUS69 - 66 = +$3T
Q3 AUS 72 - 63 = +$9T due out in weeks
Q4 AUS 75 - 62 = +$13T now
x15MTpa =
Q2 =+$45Mpa
Q3 = +$135Mpa
Q4 = +$195Mpa
realised COP was 66 in Q2
this should reduce due to lower expenses, lower contractor costs lower oilP/DieselP & larger road trains & lower port/govt charges/royalties
Likely they are loading up right now on hedging contract fixed price at US$70 maybe even 50% of all production way up from the prior ~US$50.