TER 2.44% 20.0¢ terracom limited

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    They are still getting close to AUD100/ton from BA so no need to panic just yet. They are working on a margin of +AUD40/ton from BA. A google search shows analysts predicting thermal to creep up to USD70/ton for the next year and the AUD to stay around 67c. Even if they can maintain AUD30/ton, that means in the order of A$100m profit. Who knows maybe BNU might join the party. Either way its not to be sneezed at.
 
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