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Ann: Foxleigh Mine - Coal Price Update, page-52

  1. Bright30
    3,703 Posts.
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    25/12/16
    22:44
    Post #: 21556793
    With AUD falling, November high of 77c down to 71c will add further value to RRP by 7% as we are selling the PCI in USD$.

    Coking coal and PCI are priced very differently so I wouldn't be concerned in the fluctuations in coking coal.

    The contract price of USD $180/t is locked in until end of March 2017, even at USD $133/t foxleigh is making very healthy profits.

    We just need to start trading. I'm hoping 1st week of January, could be this week who really knows.

    I hope everyone had a great day and Merry Christmas to all.

    .
    Last edited by Bright30: 25/12/16
    RRP Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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