TER 8.11% 20.0¢ terracom limited

Ann: December 2020 Quarterly Report, page-19

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    585,000 t from Blair Athol last quarter. Assuming 77 aud/usd exchange rate and usd coal price of 70, that gives an aud coal price of $91. If FOB costs for Blair Athol are $60 aud. That means $31/t aud profit. 585,000t x $31 = 18.1M per quarter profit (based on FOB costs only).

    If coal prices stay anything near the aud $90 range then TER is laughing. Those numbers above exclude anything from South Africa.
 
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